Comcast Corporation
CMCSA
Communication Services
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Comcast faces an active antitrust trial (Viamedia v. Comcast, scheduled October 5, 2026) alleging Comcast monopolizes local TV ad sales by leveraging control of interconnects; ~$300M in damages sought. The Supreme Court denied Comcast's certiorari petition in 2021 and summary judgment was denied in October 2025. In Washington State, a King County judge found Comcast committed 445,000+ violations of the Consumer Protection Act — charging ~31,000 customers for a Service Protection Plan without consent and misrepresenting costs to ~18,700 more — resulting in a $9.1M penalty (highest trial award in state CPA history) plus full restitution with 12% interest. The FCC has fined Comcast $2.3M for billing complaints and $1.5M for a 2025 data breach affecting 237,000 customers. In ~40% of American zip codes, Comcast or its peers are the sole broadband provider.
Research Sources
4 organizations
Related Exclusions
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The Naughty List
A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.