L.A. Testimony Scheduled in Antitrust Investigation
By AAN Staff
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."