The suit alleging that Comcast monopolized the Philadelphia-area cable market—which had gone to the U.S. Supreme Court where it became part of the high court’s shift toward stricter standards for class certification—is settling for $50 million in cash and services, according to court papers filed this week.
The plaintiffs, who are both current and former Comcast subscribers, have agreed to settle with the company in an accord presented to the trial court this week that would give each subscriber a choice between taking $15 off of his or her next bill or taking one of several options for services, like two free months of The Movie Channel. Former subscribers can make a claim for $15 in cash.
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