Justice Department & TV Guide Settle

  • February 9, 2003
Gemstar-TV Guide Inc. has agreed to pay a record $5.6 million fine to settle a federal lawsuit brought against it by the Justice Department, for actions the two companies took prior to their July 2000 merger. According to federal prosecutors, Gemstar and TV Guide worked too closely, including fixing prices and sharing subscriber lists between TV Guide and Gemstar’s service that provides interactive satellite and cable TV listings.
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