Are we headed for a high-tech version of Hollywood's bad old days?

A Trump Justice Department request could clear the way for corporate giants to dominate the industry from end to end

The Paramount Gate.
(Image credit: Illustrated | fongfong2/iStock, Library of Congress, -slav-/iStock)

If President Trump's Justice Department has its way, Hollywood will take a big step back to the bad old monopoly days.

On Monday, the Department asked a court to jettison a series of decrees dating back nearly 70 years. These "Paramount decrees" arose from a Supreme Court case in 1948, in which Paramount Pictures was the main plaintiff. The decision forced the big Hollywood studios to give up anti-competitive practices that dictated terms to the theater chains, or owned them outright. A series of subsequent agreements with the Justice Department solidified the new rules for the film market.

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