Comment on Top Hollywood Movie Studios Smacked With Antitrust Charges

Top Hollywood Movie Studios Smacked With Antitrust Charges

Is the European Union about to add Hollywood’s finest to its collection of antitrust scalps? After 18 months gathering material, the European Commission’s Competition directorate has accused six of Hollywood’s largest movie-makers of sabotaging the E.U.’s single market by signing country-specific deals with pay-TV providers. The first so-called “statement of objections” have been sent out to the studios because of their licensing contracts with Sky U.K., the main operating asset of Sky Plc, but investigations into pay-TV providers in France, Germany, Spain and Italy are still ongoing and may yield further accusations. The pay-TV companies in Germany and Italy are now 100%-owned owned by Sky, although they weren’t at the time the investigation was launched.

 

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