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Comcast Settles Antitrust Lawsuit For $50 Million

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


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bop75
join:2013-11-08
0000

bop75

Member

Wow

That worked out well for the subscribers. They got nothing.

How about ..