World Business
EU antitrust body probes U.S. film studio contracts
Jan. 13, 2014
BRUSSELS (AP) -- The European Union's antitrust watchdog is investigating whether some clauses demanded by major U.S. film studios in their contracts with Europe's largest pay TV broadcasters hurt competition.The probe, unveiled Monday, covers Twentieth Century Fox, Warner Bros., Sony Pictures, NBCUniversal and Paramount Pictures.Studios mostly sell film rights for use in only one country, rather than across the EU's 28 nations. The European Commission, the EU's executive arm, said it is investi