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U.S. film studios agree to modify "most favored nations" clause in EU contracts to encourage financing and installation of digital equipment

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • European Union, USA
  • -
  • March 11 2011

On March 4, 2011, the European Commission (“EC”) announced that it had closed an investigation into whether the contracts of several major U.S. film studios for the financing and installation of digital projection equipment in European cinemas infringed the EU's competition law banning anticompetitive agreements and practices