Movielink Does Not Violate Anti-Trust
By Rafat Ali - Thu 03 Jun 2004 11:07 AM PST
The Justice Department has closed its antitrust probe of Movielink, saying the video-on-demand venture between five major movie studios is not anti-competitive. “The division concluded that the evidence did not support a finding that Movielink had adversely affected competition through increased prices or decreased output,” the Justice Deptment said.
Reuters: It found no evidence that the joint venture has led to collusion or decreased the industry’s incentive to license movie content to competing providers of on-demand video.
For history to this probe, read:
-- Intertainer v. AOL Time Warner, et al
For more on online movies, read our dedicated section…
Posted in: Broadband, Entertainment, Movies, Media
