Judge approves ending 71-year-old Hollywood antitrust rules
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For more than seven decades, the relationship between the Hollywood studios and the movie theaters that exhibit their pictures has been governed by the so-called "Paramount Decrees." On Friday, a federal judge agreed with the U.S. Department of Justice to terminate those rules. The DOJ had reappraised the landmark 1948 antitrust decision as part of its review of more than a thousand legacy antitrust judgments and determined that the industry has changed so significantly that the regulations are…
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