Comcast cannot escape a lawsuit accusing it of monopolizing the $5.4 billion market for local television, or spot, advertising, with an Illinois federal judge ruling Friday that an advertising agency that says it is being locked out of the market can proceed with its legal challenge.
Viamedia originally filed a lawsuit against Comcast alleging that the cable giant violated antitrust law through its business practices in the $5 billion local cable advertising-sales market.
Viamedia, which competes against Comcast in the business of local cable advertising, accused Comcast of outsize influence and business practices that are squeezing out firms like Viamedia and causing them financial harm. The suit was filed in May in federal court in the Northern District of Illinois.
Full Content: Justia US Law
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC v. Meta Trial Turns to Market Definition
Apr 28, 2025 by
CPI
Marriott to Acquire CitizenM for $355 Million, Expanding Urban Lifestyle Offerings
Apr 28, 2025 by
CPI
Thomson Reuters Urges Third Circuit to Block Ross Intelligence’s Copyright Appeal
Apr 28, 2025 by
CPI
Merck KGaA to Acquire SpringWorks for $3.9 Billion
Apr 28, 2025 by
CPI
Federal Judge Dismisses Mario Chalmers’ Antitrust Lawsuit Against NCAA Over NIL Rights
Apr 28, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece