By: Joel Davis
Small Printer To Sue Publisher For ‘Helping Fang’
A federal judge in San Francisco has declined to exempt the
Hearst Corp. from an antitrust suit related to its purchase of
the San Francisco Chronicle, which was finalized last
The April 13 decision by U.S. District Judge Vaughn Walker allows
a small Bay Area printer, Fricke-Parks Press, to sue Hearst for
allegedly helping Ted Fang, whose family runs a printing
business, monopolize the commercial printing market by attracting
business below cost.
The plaintiff charges that Hearst’s $66-million subsidy to the
Fang family – making it feasible for it to take over the
San Francisco Examiner – bought the Fangs’ political
influence to help gain approval for Hearst’s $660-million
purchase of the Chronicle.
Both Hearst and the Fangs deny any wrongdoing.
Joel Davis (email@example.com) is West Coast editor for E&P.
Copyright 2001, Editor & Publisher.