Walmart ready to settle Netflix case

Walmart and Netflix conspired to inflate prices to rent and buy DVDs. Knowing they would abandon the DVD-by-mail market, Walmart agreed to turn over customers to Netflix and they would then promote Walmart as a place to buy DVDs. Walmart will settle 27.5 million without accepting fault. Netflix customers will be paid after all the lawyer fees and costs are covered. Unfortunately for customers that means a whole $1.50. If any Netflix customers do not want to receive their part of the settlement they will have to contact the court before February.