Today's Hard|Forum Post
Today's Hard|Forum Post

Monday December 15, 2014

Comcast Settles Antitrust Lawsuit For $50 Million

How to make money as a huge corporation: A.) Overcharge customers $875 million. B.) Settle antitrust case for $50 million. C.) PROFIT!

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.