The United States v. Paramount and How Movie Theater Concessions Got So Expensive
Walter K. asks: Why are movie theaters allowed to make their concessions so expensive? In 1948, the Supreme Court ended the stranglehold Hollywood studios and distributors had on the U.S. movie market. Declaring the big eight a monopoly and ordering them to divest of their ownership of movie theaters and cease other non-competitive practices, with U.S. v. Paramount Pictures, et […]
Read more