Personal Injury & Torts
Dec. 17, 2010
Wal-Mart Settles With DVD Renters
Wal-Mart Stores Inc. has agreed to pay between $29 million and $40 million to settle claims that it illegally conspired to divide the online DVD rental market in an agreement with Netflix Inc. in 2005.
Daily Journal Staff Writer
SAN FRANCISCO - Wal-Mart Stores Inc. has agreed to pay between $29 million and $40 million to settle claims it illegally conspired to divide the online DVD rental market with Netflix Inc.
Two separate potential classes of plaintiffs - Netflix and Blockbuster Inc. subscribers - sued Wal-Mart and Netflix in 2009, pointing to a 2005 deal in which Wal-Mart agreed to leave the online DVD rental market an...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In