Litigation
Sep. 1, 2011
Judge okays Wal-Mart settlement in online DVD rental case
A federal judge approved a class action settlement Monday in which Wal-Mart Stores Inc. agreed to pay $27.3 million to resolve civil antitrust allegations.
By Jill Redhage
Daily Journal Staff Writer
A federal judge approved a class action settlement Monday in which Wal-Mart Stores Inc. agreed to pay $27.3 million to resolve Netflix Inc. subscribers' allegations it conspired with Netflix to divide the market for DVD sales and online rentals in the United States.
Netflix had objected to the settlement, arguing that Wal-Mart would be able to identify Netflix customers when it paid the class members and could use that infor...
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