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DOJ in, FTC out for "media and entertainment"
By Jon Newton, p2pnet.net
(more articles from this author)
2002-03-07
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Music Industry News - as it happens
Source: MusicDish/Mi2N - March 7, 2002

The Antitrust Division of the Department of Justice (DOJ) and Federal Trade Commission (FTC) say they'll overhaul the processes for antitrust clearance and merger reviews and for the first time formally allocate primary areas of responsibility between them on an industry-wide basis without limiting the jurisdiction of either.

Under this new arrangement, media and entertainment, an area in which previously fell to both the DOJ and the FTC, will be the DOJ's responsibility alone.

FTC chairman Timothy Muris said, "The agreement allocates primary responsibility for antitrust enforcement in the media and entertainment industry to the DOJ, because its expertise in this area far outweighs that of the FTC. A comparison of the relative expertise of the agencies within specific sectors of this industry further demonstrates that the DOJ is better situated to conduct these investigations.

"For example, the FTC's expertise in multi-channel video distribution programming - including cable and satellite - is more limited than the DOJ's. Although the FTC has investigated numerous cable transactions, most of its expertise in this area is too old to count in the clearance dispute process. In any event, the majority of the FTC's cable investigations involved only horizontal issues, and did not present the complex vertical issues raised by media mergers in the last few years."

Related News from Mi2N:
» DOJ And FTC Announce New Clearance Procedures For Antitrust Matters


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