Possible scenario
Court Narrows Fair Use
27% Chance
The court treats Microsoft director testimony as probative evidence that mass scraping was commercially understood as taking protected work. This does not guarantee final liability, but it weakens defendants' ability to dispose of the case before trial.
Secondary impacts
- Technology -2.2%
- Consumer Services +2.0%
Tickers
- NYT+6.4%
- MSFT-3.9%
- META-1.9%
Portfolio impact
S&P 500-1.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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