Thai student's case imperils grey market | Bangkok Post: news

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Thai student's case imperils grey market

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  • Newspaper section: News
  • Writer: Bloomberg
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WASHINGTON : A Thai graduate student's money-making idea that began a decade ago has led to a commercial showdown beginning Monday in the US Supreme Court. 

The court will hear arguments in the case of Supap Kirtsaeng, who was ordered to pay John Wiley & Sons Inc US$600,000 (18 million baht) for importing the publisher's copyrighted textbooks from his native Thailand and selling them in the US for a profit.

At stake is the future of the so-called grey market and the annual tens of billions of dollars trade in goods outside official distribution channels.

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