L.A. Testimony Scheduled in Antitrust Investigation

december 23, 2002  12:30 pm
Prosecutors investigating the New Times-Village Voice Media deals in L.A. and Cleveland have scheduled depositions in Los Angeles beginning the first two weeks of January, according to The Los Angeles Times' Tim Rutten. "Sources with firsthand knowledge" tell Rutten that the probe has focused increasingly on whether the deal "influenced both advertising rates and the amount and quality of local news in both cities." Rutten also reports that those who have been questioned say "prosecutors appear keenly interested in fashioning a remedy, perhaps by way of a settlement, that would restore competition to both cities' alternative press markets."