Coupon dispute to cost News Corp. $500M

News Corp. division News America Marketing, which sells in-store advertising displays and publishes coupons for distribution in newspapers, will settle a federal lawsuit with rival Valassis for $500 million. The federal lawsuit accused News Corp. of anti-competitive business practices. The settlement includes a $300 million award that Valassis won in a similar suit tried against News Corp. in Michigan.  New York Times (free registration), The


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s