DOJ Urges Remand of Dismissed Nexstar Antitrust Complaint
The U.S. District Court that dismissed DirecTV's antitrust claims against Nexstar and its Mission Broadcasting and White Knight sidecars (see 2403220061) misunderstood the harms of price fixing, the Justice Department said. In an amicus brief filed Wednesday with the 2nd…
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U.S. Circuit Court of Appeals (docket 24-981), DOJ said the lower court's "unduly narrow understanding" of the potential anticompetitive effects from price fixing conspiracies resulted in the court misunderstanding the harms to DirecTV. Even if the lower court were correct that DirecTV's claims of damages for lost subscribers were too speculative, the same wouldn't necessarily be true for its argument for a potential injunction, Justice said. DOJ urged the 2nd Circuit to remand the case to the U.S. District Court for the Southern District of New York, so the lower court can "consider application of the antitrust-standing requirements on a full and proper understanding of the harms caused by price-fixing conspiracies."