Comcast Sued Over Grip on Local Cable TV Ad Market

MarketWatch: Viamedia has filed a lawsuit against Comcast, alleging that the cable giant violated antitrust law through its business practices in the $5 billion local cable advertising-sales market. Viamedia, which competes against Comcast in the business of local cable advertising, accused Comcast of outsize influence and business practices that are squeezing out firms and causing them financial harm. The U.S. Justice Department has already been probing Comcast’s practices in the so-called “spot” cable ad sales business since late last year.