A PYMNTS Company

US: Sinclair Broadcast and Tribune Media sued for ad price fixing

 |  August 1, 2018

The Law Offices of Peter Miller of Little Rock, Arkansas, is the plaintiff in a class action antitrust lawsuit in federal court in Maryland against Sinclair Broadcast, Tribune Media, and Tribune Broadcasting for allegedly conspiring to fix advertising prices.

The lawsuit states that instead of competing, the defendants shared information and fixed prices to stifle competition. Sinclair, the suit says, owns 193 stations in 90 cities and Tribune owns 43 stations. The companies have been trying to merge, but have been stymied so far by the Federal Communication Commission because of concerns about excessive ownership of media.

The suit, filed for Miller by the national class action law firm Kessler Topaz Melzer and Check, says the pricing actions date back to 2016.

Full Content: Law 360

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