[bkman1990]

This tax write-off business from WBD isn't really a very popular move in the eyes of the U.S. Congress. A Democratic congressman from Texas is calling for WBD to undergo an antitrust investigation by the U.S. Justice Department and the Federal Trade Commission.

www.hollywoodreporter.com 

Congressman Joaquin Castro has called for the investigation after he called the move to place Coyote vs. Acme on the list of WBD's tax write offs "predatory and anti-competitive".

This move could be very significant for WBD; Congressman Castro had continued “As the Justice Department and @FTC revise their antitrust guidelines (involving mergers of companies) they should review this conduct. As someone remarked, it’s like burning down a building for the insurance money.”

Who knew what was going to happen at this point. One would assume that WBD probably knew they were making a huge mistake in the eyes of the competition enforcers in the U.S. and then backtracked on their initial decision to write off this film for a tax write off.

And we still don't even know whether more other projects were going to be added along with Coyote vs. Acme on the tax write off list.

Although; this is the first time that I have read that the Antitrust guidelines from the U.S. Justice Dept and the FTC are going to be going through changes. Are there big changes planned for them or could it be some small changes which would allow WBD to get away with implementing more of their tax write offs in the near future?