Comcast is facing an antitrust lawsuit from a Denver regional sports network, which claims that the cable giant is using its market power to try to extract much more favorable terms that would put it out of business
, which produces and telecasts games from the the Colorado Avalanche hockey team and Denver Nuggets basketball team and other local sports, filed the lawsuit in U.S. District Court in Denver. Comcast calls the lawsuit “meritless.”
The lawsuit claims that Comcast is a “monopsonist,” or a purchaser of programming with market power over regional sports programming. It claims that the cable and internet giant wants to “own and centralize” regional sports programming in the Denver market so that it can collect a regional sports fee and gain control over sports rights for its own networks.
Altitude has reached a carriage agreement with DirecTV, but has no agreement with Comcast or another provider, Dish Network. In a statement, Comcast said that the lawsuit was “meritless” in an “intensely competitive market where Comcast has no competitive regional sports network and Altitude has multiple distribution alternatives.”
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