Justice Dept. Sues, Settles With Sinclair and Others on Antitrust Charges

In perhaps a record for shortest litigation ever, the Department of Justice announced that it both filed a lawsuit and agreed to a settlement in the same day with six TV broadcasters, claiming they “engaged in unlawful agreements to share non-public competitively sensitive information with their broadcast television competitors.” What does that mean? Essentially that …

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Visa, Mastercard Swipe Fees Lawsuit Partly Settles

Visa and Mastercard have finally settled an antitrust class action lawsuit brought by merchants that has been in the judicial court system since 2005. The case consolidated about 40 class action lawsuits last year, bringing the caseload paperwork to a whopping 65 million pages. The proposed $6.2 billion settlement deal would be the largest class …

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