Mergers & Acquisitions

U.S. settles antitrust charges with Fox, CBS, Scripps, Cox, Tegna

Credit: REUTERS/Joshua Roberts

The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna Inc, which were accused of sharing competitively sensitive information.

WASHINGTON, June 17 (Reuters) - The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp CBS.N, Cox Enterprises Inc, E.W. Scripps Co SSP.O, Fox Corp FOXA.O and Tegna Inc TGNA.N, which were accused of sharing competitively sensitive information.

"All five companies are alleged to have engaged in unlawful information sharing among their owned broadcast television stations," the department said in a statement.

(Reporting by Eric Beech; Editing by Mohammad Zargham)

((eric.beech@thomsonreuters.com; 202-898-8322; Reuters Messaging: eric.beech.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Renewable Energy

Latest Mergers & Acquisitions Videos

    #TradeTalks: M&A activity and financing new projects through Green Bonds (PECK)

    Peck CEO Jeff Peck joins Jill Malandrino on Nasdaq #TradeTalks to discuss milestones reached as a public company, M&A activity and financing new projects through Green Bonds. (PECK)

    Oct 19, 2020

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More