In the movie business, a promise by a distributor to a film producer that the producer will enjoy terms as favorable as those the distributor offers any other producer.
A standard feature of contracts between Hollywood studios and foreign pay-TV firms.
According to Mario Monti, the European competition commissioner, a method by which Hollywood studios act as a cartel to raise prices and restrain competition.
A practice that Disney, Fox, MGM, Sony, DreamWorks and Warner Bros. have quietly scrapped to avoid a protracted legal battle in the $1.5 billion-a-year market.
According to Universal and Paramount, an appropriate and lawful arrangement that does not constrain competition in an industry characterized by fierce rivalry.
Another source of trade friction between the United States and Europe.