Bingaman chosen for antitrust

President Clinton last week nominated D.C. lawyer Ann Bingaman to head the antitrust division in the Justice Dept.

If confirmed, Bingaman would oversee Justice action on two issues of utmost importance to Hollywood: the battles over financial interest and syndication rules, and the war between Intl.

Creative Management and Creative Artists Agency over CAA’s new role as adviser to the French-owned bank Credit Lyonnais.

Hollywood is hoping JD will reverse its longstanding opposition to fin-syn rules.

In particular, Motion Picture Assn. of America prez Jack Valenti has asked Justice to back off on its call for a lifting of fin-syn-related antitrust consent decrees pending in a Los Angeles federal court.

Bingaman, if confirmed, would also oversee ICM’s request for a probe into whether CAA’s relationship with Credit Lyonnais violates federal antitrust laws.

Bingaman is married to Sen. Jeff Bingaman (D-N.M.).

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More News from Variety

Loading