A PYMNTS Company

US: Justice Dept asks AMC for documents In theatre antitrust probe

 |  June 1, 2015

Reports that the Justice Department has requested that the movie theater company turn over documents related to an antitrust review of the theater industry aired Monday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    DOJ authorities are looking into whether or not three large theater chains, AMC, Regal Entertainment (RGC), and Cinemark (CNK) have been abusing their market power by keeping smaller, independent rival theaters from receiving big name movie releases, The Hollywood Reporter says.

    The DOJ has has submitted a request for “the production of documents and answers to interrogatories concerning potentially anticompetitive conduct, including film clearances and participation in certain joint ventures,” AMC said.

    “We do not believe the company has violated federal or state antitrust laws and are cooperating with the relevant governmental authorities. However, we cannot predict the ultimate scope, duration or outcome of these investigations,” AMC continued.

    Full content: The Wall Street Journal

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.