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Friday, July 29, 2022
As Feds Take Aim at Books Megadeal, Their Tactics May Be Used Against Hollywood
The Hollywood Reporter: Federal antitrust enforcement has typically been considered through the lens of consumers. The logic goes, if a megamerger leads to lower prices and more choices, then it’s good for competition and good for the economy. Conversely, if it leads to higher prices and fewer choices, then it’s bad for competition and bad for the economy. Most deals authorized by the government have been approved under this view of antitrust law. However, that sole focus on consumer welfare is starting to change, which could be worrying news for Hollywood executives eyeing major deals.
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