We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Wal-Mart, Netflix Targeted In DVD Antitrust Suit

Law360 (January 6, 2009, 12:00 AM EST) -- Netflix Inc. and Wal-Mart Stores Inc. face a federal antitrust class action alleging that the two companies conspired to create a monopoly on the online rental of DVDs and limit competition in DVD sales.

The lawsuit, filed Friday in the U.S. District Court for the Northern District of California, accuses Wal-Mart and Netflix of restricting competition and illegally divvying up the market for online rentals and the sale of DVDs.

According to the complaint, Netflix CEO Reed Hastings and former Walmart.com CEO John Fleming met for...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.