CE Academic Affiliate Philip J. Reny and Director Dr. Michael A. Williams assisted Plaintiffs in securing a Class Action Settlement Agreement (see also the 12/12/2014 Order-Memorandum). The class, which includes Comcast customers from 2003 to 2008, accused Comcast of illegal conduct by eliminating and preventing competition in the cable television industry, in violation of Sections 1 and 2 of the Sherman Act.
In October 2014 Comcast agreed to a $50 million settlement, which was approved by a federal judge in September 2015. Of the $50 million settlement, $16.67 million will be paid out in cash, and $33.33 million will be paid out in services.
Plaintiffs were represented by Freedman Boyd Hollander Goldberg & Ives; Heins Mills & Olsen; and Susman Godfrey.
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