Theatrical exhibitionism

posted by
December 26, 2010
Ludwig von Mises Institute
by SM Oliva  
Posted in Commentary

"The Justice Department’s antitrust theologians have long obsessed over movie theaters — or 'first-run theatrical exhibition of motion pictures,' as the market-definition folks like to say. I’ve followed about a half-dozen cases over the years where the DOJ objected to some theater merger and used eminent domain — aka 'divestitures' — to force the sale of theaters to government-approved buyers. ... studios have the resources to devote to antitrust lawyers and lobbying, and they’re quick to get in front of any theater merger that might alter the status quo." (12/23/10)  

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