Rupert Murdoch's Questionable Business Practices, Part MLXVII
 

murdochsm.jpgJust what Rupert Murdoch needs when he's readying his $5 billion takeover of Dow Jones: an actual investigative piece from a business publication about his operations! And you thought that those types of articles would disappear forever now that we've got Portfolio to gloss things up.

Any-hoozle-bees, Fortune's Jennifer Reingold is earning her staff paycheck today with a look at News Corp.'s News America marketing division, which "produces newspaper coupon inserts, in-store supermarket ads, and the like." While its profit margins are a whopping 28 percent (on $1.1 billion in sales), not so blissful are the lawsuits accusing it of "anticompetitive behavior to try to drive its rivals out of the market, and the recent emergence of a former employee who claims the company tried to pay him off to keep quiet."

And you can bet that "former employee," Robert Emmel, is going to be the star of this otherwise unexciting show about corporate dominance in a field pockmarked with Suave shampoo coupons.

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