A PYMNTS Company

US: Cablevision launches attack on media co’s abuse of dominance

By  |  February 26, 2013
US: Cablevision launches attack on media co’s abuse of dominance

According to a press release, Cablevision Systems Corporation has filed a suit against Viacom in what Cablevision calls an “illegal, anti-consumer, and wrong” method of selling programming. Cablevision was reportedly forced to carry and pay for 14 networks it claims its consumers did not want – including MTV Hits and VH1 Classic – in order to be able to provide popular networks such as MTV and Comedy Central. Cablevision is alleging abuse of market power on Viacom’s end as it forces its consumers to buy unwanted channels to get the channels they want. The press release also states that Cablevision is accusing Viacom of threatening the channel provider with “massive financial penalties” if Cablevision did not comply with Viacom’s demands. The suit was filed in Manhattan.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Market Watch

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.