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Antitrust - Nexstar - Mission - White Knight - DirecTV's litigation over alleged price-fixing of transmission consent fees (US)
DirecTV filed a US complaint accusing Nexstar Media Group, Mission Broadcasting and White Knight Broadcasting of conspiring to raise and fix the prices of retransmission consent fees for the four major broadcast networks in violation of federal antitrust laws. According to the complaint, recent negotiations demonstrate that Mission and White Knight are unlawfully coordinating with Nexstar to raise prices and extract overly high retransmission consent fees from DirecTV in “overlap” designated market areas—those where both Nexstar and either Mission or White Knight each own a “Big Four” station.
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