Netflix Subscriber Fights $27M Wal-Mart Antitrust Deal

Law360, New York (August 22, 2012, 9:37 PM EDT) -- The founder of a class action nonprofit group told the Ninth Circuit on Tuesday that Wal-Mart Stores Inc.'s $27 million settlement of claims that it conspired with Netflix Inc. to limit competition for online DVD rentals and sales wasn't adequately scrutinized because the judge reviewed the deal as a cash, rather than coupon-based, settlement.

Theodore H. Frank, a Netflix subscriber and therefore class member who also launched the Center for Class Action Fairness LLC, argued that the deal didn't get the level of review required under...
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