Broadcasters Harmed Competition, Weren't 'Hard Core,' Delrahim Says
The six broadcasters that recently reached consent decrees with DOJ over sharing advertising pacing data “harmed the competitive price-setting process,” said Assistant Attorney General Makan Delrahim in a speech to the American Bar Association Thursday (see 1811070056). “We have not…
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heard any legitimate pro-competitive justification.” The companies “recognized that a protracted investigation and litigation would serve no purpose,” Delrahim said. “Agreements between competitors to exchange competitively sensitive information can violate the antitrust laws” even if the conduct “does not amount to the type of hard core cartel conduct that the Antitrust Division prosecutes criminally,” he said.