Wal-Mart ready to settle Netflix case for $27.5M
Wednesday, November 16, 2011 - 18:01
in Mathematics & Economics
(AP) -- More than 25 million current and former Netflix subscribers are being offered a sliver of a $27.5 million settlement from Wal-Mart. The proposed payment is being made to settle allegations that the video subscription service and Wal-Mart Stores Inc. illegally conspired to inflate the prices to rent and buy DVDs.