Netflix Accused of 'Monopolizing' Online Rentals

Iria · Jun 13, 2006, 10:22 PM

Source: BetaNews
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Blockbuster shot back at Netflix on Tuesday, filing a antitrust counterclaim in federal court saying that the online movie rental service's lawsuit is based on unenforceable patents. The company also says that Netflix is attempting to monopolize the online rental business.

With 1.3 million subscribers as of the first quarter of 2006, Blockbuster Online is much smaller than Netflix, which has close to five million members. The brick and mortar movie retailer has made online rentals a key part of its future business, as in-store revenue is expected to fall by as much as a quarter through the end of the decade.

Jun 13, 2006, 10:22 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Netflix Accused of 'Monopolizing' Online Rentals Source: BetaNews __________ Blockbuster shot back at Netflix on Tuesday, filing a antitrust counterclaim in federal court saying that the online movie rental service's lawsuit is based on unenforceable patents. The company also says that Netflix is attempting to monopolize the online rental business. With 1.3 million subscribers as of the first quarter of 2006, Blockbuster Online is much smaller than Netflix, which has close to five million members. The brick and mortar movie retailer has made online rentals a key part of its future business, as in-store revenue is expected to fall by as much as a quarter through the end of the decade.