Hold on to your remotes, Comcast will most likely have to defend itself in court against allegations that it overcharged consumers by as much as $875 million.
According to the PhillyDeals blog, a federal court ruled yesterday in the antitrust litigation, concluding that a jury should decide the facts of the case. The 9-year-old complaint maintains that the company used its monopoly position to overcharge its customers.
Barry Barnet, of a Texas law firm representing the plaintiffs, said he was pleased with the ruling. But the court also dismissed some of the plaintiff’s claims, which said, essentially, that Comcast was guilty of wrongdoing in simply buying up competing local operations.