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FOX, Sinclair Broadcast Price-Fixing Class Action Overview:
- Who: A furrier and jewelry company that bought TV advertising spots from Sinclair Broadcast Group, Tribune Broadcasting and other major broadcast industry players is suing the broadcasters.
- Why: The company says the broadcasters conspired to artificially inflate price levels for local and national television advertising.
- Where: The class action lawsuit was filed in Tennessee federal court.
A Tennessee-based furrier and jeweler is suing a group of major broadcasters, alleging the companies conspired to artificially inflate the price of TV advertising.
Plaintiff King Furs, Inc. filed the class action lawsuit against Dreamcatcher Broadcasting, LLC; The E.W. Scripps Company; Griffin Communications, LLC; Fox Corporation; Meredith Corporation; Nexstar Media Group, Inc.; Gray Media Group; Sinclair Broadcast Group, Inc.; TEGNA, Inc.; Tribune Broadcasting Company, LLC; and Tribune Media Company May 17 in a Tennessee federal court, alleging violations of the Sherman Act.
The lawsuit alleges the firms “secretly orchestrated” a scheme to impact the price levels of broadcast television spot advertisements by agreeing to fix prices and exchange competitively sensitive sales data.
The firms withheld both the existence of this data exchange and the data itself were from purchasers of broadcast television spot advertising, creating an asymmetrical information advantage for the broadcasters in their dealings with their customers, the lawsuit alleges.
Class Action Claims Alleged Price-Fixing Scheme ‘Derailed the Competitive Process’
King Furs said that by exchanging ad sales data, “the scheme derailed the competitive process” and allowed the broadcaster defendants to avoid price competition.
The class action is based on the U.S. Department of Justice’s ad price-fixing probe into several companies, including Sinclair, Tribune Media and Raycom Media Inc.
Following the probe, the companies reached settlements with the government in 2018 and 2019 to resolve claims that they shared revenue and sales information in numerous media markets and allowed some companies to set prices based on that information.
King Furs seeks a permanent injunction barring the defendants from continuing the alleged collusion, as well as damages, fees, costs, interest and a jury trial.
If you are a current or former Frontier internet, home phone and/or TV customer who was quoted or promised a lower monthly rate than you were actually charged as a result of the fees, or who was surprised by hidden rate increases via the fees, you may be able to get legal help to recover the fee payments you made (links to paid attorney content).
King Furs is represented by Edward M. Bearman of JG Law Firm; Todd M. Schneider, Matthew S. Weiler and Sunny S. Sarkis of Schneider Wallace Cottrell Konecky LLP; and Christopher Hellums and Emily Irvin Curran of Pittman Dutton Hellums Bradley & Mann PC.
The FOX, Sinclair Price-Fixing Class Action Lawsuit is Furs v. Dreamcatcher Broadcasting LLC et al., Case No. 2:22-cv-02301, in the U.S. District Court for the Western District of Tennessee.
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4 thoughts onFOX, Sinclair Class Action Alleges Broadcasters Participated in Price-Fixing Conspiracy
we have had frontier for over 17years.we cancelled our Internet in February 27 ,2023 .
The woman let it go until March 6.We sent back the equipment and paid the $21.90.
Now there saying we still owe.They bill you a month in advance.we never have missed a payment. they say we owe 66 dollars yet.
Add me please
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