The move by the Department of Justice to seek the elimination of the Paramount Consent Decrees is not the end of the story. First up, the DOJ will need to convince a federal judge that the long-standing rules governing the relationship between certain movie distributors and theatrical exhibitors "no longer meet[s] consumer interest," as DOJ antitrust chief Makan Delrahim put it in his Nov. 19 announcement.
"[T]he fact that movie distributors that are not subject to the Decrees have shown no propensity to acquire major movie theatre circuits or to engage in the type of collusive practices that the Paramount case quashed in the 1940s further underscores the obsolete nature of the Decrees," argues the Justice Department.
Sticking up for vertical integration in certain instances, the DOJ writes that some alignment between production and distribution "can create efficiencies," including lower prices and better products.
Source: Law Daily Report (lawdailyreport.net)
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