Wal-Mart Settles Collusion Class Action Lawsuit over Deal with Netflix
Last week, Wal-Mart settled a lawsuit with millions of current and former customers of Netflix for illegally colluding with Netflix to stay out of each other’s markets. Wal-Mart agreed to back out of offering DVD rentals by mail, and Netflix agreed to endorse Wal-Mart’s DVD sales. A group of Netflix customers filed suit against Wal-Mart and Netflix over the deal, alleging illegal collusion. Collusion is an agreement to limit competition in a market, which has the effect of guaranteeing larger market shares and keeping prices high in that market. Many, but not all, of these agreements are illegal under U.S. antitrust laws.
Wal-Mart has agreed to settle the lawsuit, but Netflix is continuing to fight. There is a website online for more details of the settlement here: https://onlinedvdclass.com/. Current and former customers of Netflix who paid a subscription between May 19, 2005 and September 2, 2011 can file a claim here: https://onlinedvdclass.com/ClaimForm.aspx.
.jpg)
Founding partner Shawn Khorrami and Associate Bahar Dejban are published in this months Advocate magazine on Product Liability; titled "New Rules: Differences between Suing Medical-Device and Pharmaceutical Drug Manufacturers"
The suit claimed the buildings for elderly and disabled residents first experienced a bedbug problem in late 2007, the Des Moines Register reports. Residents have complained they had to trash infested furniture and couldn’t move out because landlords and relatives shunned them. “Everybody sleeps on the floor,” one resident said in an interview last year.
Imagine being able to win a new television set for less than 10% of the retail price just by outbidding other people online in one cent increments. If this sounds like there is a catch, there is. 