Comcast Oks 50M Settlement In Philly Cable Tv Class Action
Cable giant Comcast has agreed to a $50 million settlement in a class action that accused the company of overcharging its cable TV subscribers. This case has been bouncing around in court for over 10 years now with plaintiffs alleging that Comcast had monopolized the cable-TV market in Philadelphia and unfairly raised prices. Reuters reports that the suit once covered more than 2 million subscribers, but the settlement reached on Tuesday covers just over 800,000....