Comcast Settles Antitrust Lawsuit For $50 Million Monday Dec 15 2014 09:05 EDT According to a 2003 class action lawsuit against Comcast, the cable giant's anti-competitive behavior in the Philadelphia area resulted in the company overcharging users to the tune of more than $875 million. The case has stumbled around the courts for several years now, though Comcast recently agreed to pay $50 million to settle the suit. The settlement gives roughly 800,000 current and former Comcast cable-TV subscribers in Pennsylvania $15 in credits, or Comcast services the value of which ranges from $30 to $43.90. These services include "temporary Internet upgrades, six free pay-per-view movies, or two free months of the Movie Channel," notes the Phiadelphia Inquirer. Comcast Settlement 88281 |
5 recommendations |
bop75
Member
2014-Dec-15 8:35 am
WowThat worked out well for the subscribers. They got nothing. | actions · 2014-Dec-15 8:35 am · (locked) |
|