News Corp. agreed to pay $500 million to settle an ongoing, four year, lawsuit initiated by Valassis charging anti-competitive practices. Insert printer Valassis sued News Corp.'s News America Marketing unit in three separate cases, alleging price fixing and other predatory practices. Last year a jury in Michigan awarded Valassis $300 million in that case...
Last year, News America Marketing was accused by Floorgraphics Inc. Hamilton, NJ, of corporate spying. Floorgraphics, a producer of graphics placed on retails stores' floors, accused News America of illegally accessing its computer system and obtaining proprietary information, and disseminating false, misleading and malicious information about the company to its clients. The case was settled, and then days later News Corp. purchased Floorgraphics for an undisclosed sum. (more)
Last year, News America Marketing was accused by Floorgraphics Inc. Hamilton, NJ, of corporate spying. Floorgraphics, a producer of graphics placed on retails stores' floors, accused News America of illegally accessing its computer system and obtaining proprietary information, and disseminating false, misleading and malicious information about the company to its clients. The case was settled, and then days later News Corp. purchased Floorgraphics for an undisclosed sum. (more)
