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US Moves To Turn Off TV Antitrust Injunction of 1949 Now In SDNY With ViacomCBS OK

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Nov 28 –  In 1949 the US Department of Justice entered into a "perpetual" antitrust injunction against collusion in the market for televisions, against Scophony Corporation of America, General Precision Equipment Corporation and Television Productions, Inc.  

On November 24, the US Attorney's Office filed a lawsuit now assigned to U.S. District Court for the Southern District of New York Paul G. Gardephe to Terminate A Legacy Antitrust Judgment.

It says ViacomCBS and Australia-based Thorn Group Ltd as a successor of Scophony consent to it, and that others are not in business. 

 The case is US v. Scophony Corporation of America, et al., 20-mc-509 (PGG)


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