Comcast Sued by Viamedia for Monopolization of ‘Spot’ Cable Ad Sales Market
Viamedia | November 16, 2016
Viamedia Inc. has filed a lawsuit against Comcast Corp., 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 on Monday in federal court in the Northern District of Illinois.