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Ronald Reagan Law Costs Netflix $9M

by John Lister on February, 20 2012 at 08:02AM EST

Netflix has revealed its $9 million settlement of a claim it breached privacy laws. Surprisingly, the case involved a law intended to govern video rentals rather than Internet data. The lawsuit came to light in Netflix's latest financial filing with ... the Securities and Exchange Commission, in which it is required to detail any major legal actions. The filing said Netflix had not expected the settlement, so this was an unexpected expense. (Source: thehill.com ) The case involved the Video Privacy Protection Act (VPPA), signed into law by President Ronald Reagan in 1988. The law bars video ... (view more)

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