[Unusual post today. I don't plan to make a habit of it. Orville post Thursday, BattleTech post next Sunday.]
Apparently, the Department of Justice's Antitrust Division has
filed to end the Paramount Consent Decrees (and other similar decrees across other industries).
It's
disconcerting to see the body responsible for combating
anti-competitive practices try to argue that anti-competitive practices
will benefit consumers, or to say out one corner of their mouth that the
Decrees no longer serve a purpose while admitting from the other corner
that these tools could allow the studios to force some theaters out of
business.
I'm reluctant to dispute their
reasoning
without knowing more about the body of antitrust law. Ultimately though
they rest their argument on what the grand purpose of antitrust
is, and... isn't innovation associated with ecosystems which
favor lots of little guys over a handful of monoliths? Ditto, resilience? If lifting the Decrees
does turn out to
be a mistake, are there provisions to reinstate them, and protect the most vulnerable theaters until that happens?
I
don't know. The Department may be right to let the pendulum try to
swing somewhere new. I would be more comfortable with it if their press release had been able to cite similar
historical examples from comparable industries, and if
all the guilds weren't disagreeing with them.