Forums - Politics Discussion - Trump's DOJ might overturn Paramount Decree that'll allow studios to buy movie theaters

[SOURCE]

On Monday, Assistant Attorney General Makan Delrahim announced an unexpected policy change for the Justice Department’s antitrust division: a reversal of the Paramount Decree of 1948. This decision comes on the heels of broader public concerns surrounding monopolies, after the merger of AT&T and Time Warner, and of Disney and 21st Century Fox. It also follows the now-constant beating of the drums for the government to break up massive companies like Amazon, Google, and Facebook. Delrahim’s decision on the Paramount Decree reflects part of a larger department policy to review hundreds of legal orders that some refer to as “horse and buggy” policies — ones so old that they no longer actually apply to the businesses they regulate.

Comparing his choice to Martin Scorsese’s famed quote about cinema being what is inside and outside of the frame, Delrahim declared, “Antitrust enforcers, however, were not cast to decide in perpetuity what’s in and what’s out with respect to innovation in an industry.”

The decision, which the DOJ will bring to federal courts for a review, would allow companies in the movie business to not just buy movie theaters, but to use them in unexpected ways that could compound current concerns surrounding competition and market share in the industry. Your theatrical viewing options may already seem dominated by too few companies making the same type of movie. And this could make the problem worse.

Getting this buffoon out of office and behind bars before movie theaters start getting bought out would be great.

Like I needed any more reason to despise Trump. First Donnie Dumb Dumb wants to ruin gaming by jacking up the prices of next-gen consoles with his stupid tariffs (that NO economist supports BTW) and now he wants to ruin the movie industry for everyone else.



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Im good with increasing taxes on gaming and movies if it goes towards combating global warming. Gaming and tv is a luxury not a necessary.



Jicale said:
Im good with increasing taxes on gaming and movies if it goes towards combating global warming. Gaming and tv is a luxury not a necessary.

That is not what KManX89 is referring to at all.  It's about Trump's irrational import tariffs.

On topic: *sigh* Well this is just mind numbingly stupid.



Massimus - "Trump already has democrat support."

First Donnie Dumb Dumb wants to ruin gaming by jacking up the prices of next-gen consoles with his stupid tariffs (that NO economist supports BTW) and now he wants to ruin the movie industry for everyone else.

You heard it here folks! Fuck spreading neoliberalism around so let's just shut up about the Hong Kong protests and buy our game consoles/iPhones!



Isn't it great when people can write "Trump's DOJ" about a supposedly independent judicial branch and nobody bats an eye?



If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.

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vivster said:
Isn't it great when people can write "Trump's DOJ" about a supposedly independent judicial branch and nobody bats an eye?

The DOJ isn't an independent judicial branch, it's a part of the executive branch ...

It's the supreme court that's the independent judicial branch ... 



vivster said:
Isn't it great when people can write "Trump's DOJ" about a supposedly independent judicial branch and nobody bats an eye?

If you're just complaining about that now (this admin) you've been asleep.



July 2020 Articles:

https://www.vgchartz.com/article/444305/goosebumps-dead-of-night-xone/ (Goosebumps Dead of Night Review - 3/10)

https://www.vgchartz.com/article/444366/the-last-of-us-part-ii-ps4/ (The Last of Us Part II Review - 7/10)

Jicale said:
Im good with increasing taxes on gaming and movies if it goes towards combating global warming. Gaming and tv is a luxury not a necessary.

And we all know how concerned President Trump is about global warming!



So? I see no problem with that whatsoever. As far as I'm concerned anybody should be allowed to buy anything from anyone else so long as they're willing to sell it (and its main purpose isn't to harm others, eg. weapons). I do think there should be state run businesses in any vital industries, but not only are cinemas not vital, even if they were that still wouldn't make a difference here.

Sure, I'm biased in that I think cinemas offer a massively inferior viewing experience to TV and are insanely overpriced, but you're biased the other way so you can't really call me out for that.



Bet Shiken that COD would outsell Battlefield in 2018. http://gamrconnect.vgchartz.com/post.php?id=8749702

We have two theatre-chains in Norway and movie-studios own both of them. Hasn't been a problem



Nothing to see here, move along