Accused Of Monopoly
Diall Global is being sued by Talk Radio Networks
(TRN). TRN is claiming the syndication
company is a monopoly and is violating anti-trust laws. The suit was officially filed by The Original
Talk Radio Network, Inc., Talk Radio Network Enterprises, LLC and Talk Radio
Network-FM, Inc.
TRN further claims
that Dial Global has a monopoly in sales for independent talk radio which could
cause a "second generation monopoly" over intellectual property rights.
In a statement, TRN CEO Mark Masters said, "This is a
sad but necessary day for us. But the
steps we take today are for the sake of the entire community of independent
spoken word syndicators, and independent radio networks who depend on outside
sale representation for their very financial survival."
Masters adds that he hopes TRN's lawsuit "signals a
beginning of the end to active monopoly and anti-competitive actions within
radio’s independent spoken word syndication markets."
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