Similar Stories to Top Hollywood Movie Studios Smacked With Antitrust Charges on Bing News

Jennifer So, Time: Business
Thu, 07/23/2015 - 7:24am

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.

Topics: sky u.k sky plc spain sa&rsquo canal plus pao gazprom u.k belgium the commission digital single market espn sky atlantic ldquo;statement objections&rdquo walt disney century fox warner bros paramount pictures viacom sony pictures nbcuniversal comcast corp sky thursday fortune europe hollywood&rsquo commission&rsquo e.u sky france germany italy sky commission top movie studios antitrust charges pay-tv providers licensing companies service online knot copyright access home country-specific deals buy so-called accusations investigation contractual time received company modernize campaign customers

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