Some businesses are aggressive at suing publications that report negative news about them. A cigarette company sued
Question:
Some businesses are aggressive at suing publications that report negative news about them. A cigarette company sued CBS for interviewing a disgruntled former executive; an infomercial producer sued Forbes for $420 million for a negative article about infomercials; ABC paid $15 million and made on-the-air apologies to settle a suit by two tobacco companies demanding $10 billion for a report about "spiking" cigarettes with nicotine. It is claimed that such suits are primarily to deter the media from negative reporting. The use of the law seems to be mostly strategic-to discourage the media from being critical of company practices. Is this a defensible business tactic?
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From the standpoint of the firms under attack the tactic is responsible If a firm is hurt ...View the full answer
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