(Photos: Diego M. Radzinschi/ALM) 'Tacit Collusion'?: Verizon Slams Class Action Demanding $268B in Restitution
"The factual allegations are baseless, the legal claims are frivolous, and the damages figure is pure fantasy," a Verizon spokesperson said of the antitrust class action. "We are confident a court will see this complaint for what it is while Verizon customers continue to enjoy Wi-Fi calling and mobile data as features of their service plans."
August 19, 2024 at 05:31 PM
3 minute read
What You Need to Know
- An antitrust class action accuses AT&T, T-Mobile and Verizon of tacit collusion and demands more than $268 billion in restitution.
- Boutique law firm Holmes, Pittman & Haraguchi represents the plaintiffs.
- Verizon slams the allegations as frivolous and baseless.
An antitrust class action demanding more than $268 billion in restitution and a related complaint filed over the weekend accuse AT&T, T-Mobile and Verizon of tacit collusion, price-fixing and other alleged anticompetitive conduct in the American telecommunications market.
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