Consumers Hit Netflix With Class Action

Law360, New York (February 27, 2007, 12:00 AM EST) -- A group of Netflix customers has filed an antitrust lawsuit against the company, following Blockbuster’s claims that Netflix fraudulently obtained patents that prevent new competitors from entering the online movie rental market.

The customers, who are seeking class status, claim that with the protection of the unenforceable patents, Netflix is keeping companies from entering the Internet rental market and imposing supracompetitive prices on consumers.

The case, filed in the U.S. District Court for the Northern District of California on Jan. 31, is related to a dispute...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.