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LA sues Time Warner cable for nearly $10 million

LOS ANGELES (AP) -- Los Angeles is suing Time Warner Cable for about $9.7 million, claiming the company withheld years of fees.

The suit, filed Friday, contends that Time Warner holds a virtual monopoly on cable TV service in Los Angeles and has made billions of dollars while refusing to pay the city what it owes in fees from 2008 to 2011.

The suit says the money is insignificant to Time Warner but important to the city budget, helping to fund police and fire protection, parks, sanitation and other services.

In a statement, Time Warner Cable says it's disappointed by the lawsuit and believes it's without merit.

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