Historical Events tagged with "economic regulation"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
DOJ Lawsuit Against Hollywood's Studio System
The U.S. Department of Justice filed a lawsuit in New York City against major film studios, accusing them of monopolistic practices that violated the Sherman Antitrust Act. This landmark action targeted the studio system, which maintained tight control over production, distribution, and exhibition of films. The government argued that this control restricted competition and harmed consumers. The case's legal battle would set a precedent for the film industry and reshape Hollywood's structure leading to a significant breakup of the studios by 1948.
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