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Justice Sues Raycom Over Duopoly

Aug 29, 2008  •  Post A Comment

The Justice Dept. filed a civil antitrust suit against Raycom Media because it still owns two television stations in Richmond, Va., reducing competition in the market, the Wall Street Journal reports. The Justice Dept. asked Raycom to divest CBS affiliate WTVR-TV within 90 days of its April purchase of NBC outlet WWBT-TV for $583 million, the paper says.
—Sergio Ibarra

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