Makan Delrahim. Photo: Mike Cohen/Getty Images for The New York Times

The Justice Department will seek a court's approval to get rid of decades-old rules restricting how movie studios can distribute films, DOJ antitrust chief Makan Delrahim said Monday.

Why it matters: While the DOJ and FTC are investigating tech companies for anticompetitive behavior, Delrahim warned against hurting innovation by over-enforcing or putting in place strict rules that could outlive their usefulness.

How it works: The Paramount Consent Decrees from the late 1940s prohibited major movie studios from both distributing films and owning theaters without court approval, as well as banning practices such as setting minimum prices for movie tickets.

  • Delrahim said the rules no longer make sense in the current media landscape.
  • "Once innovation has occurred, however, it would be a mistake for antitrust enforcers to limit the potential for consumer-enhancing innovation," Delrahim said in a speech at the American Bar Association's antitrust forum. "We cannot pretend that the business of film distribution and exhibition remains the same as it was 80 years ago."

Go deeper: Justice Dept. reviewing movie licensing restrictions on the books for decades (Hollywood Reporter)

Go deeper

1 hour ago - Health

Ex-FDA head: U.S. will "definitely" see 200,000 to 300,000 virus deaths in 2020

Former FDA commissioner Scott Gottlieb said on CBS News' "Face the Nation" that the coronavirus death toll in the U.S. will be "definitely" somewhere between 200,000 and 300,000 by the end of 2020.

Why it matters: "Whether we're closer to 200,000 or closer to 300,000 depends on what we do now and how it evolves," Gottlieb warned on Sunday as the U.S. surpassed five million confirmed coronavirus cases.

Mnuchin says Trump executive orders were cleared by Justice Department

Treasury Secretary Steven Mnuchin insisted on "Fox News Sunday" that President Trump's executive orders on coronavirus aid were cleared by the Justice Department's Office of Legal Counsel, and said that Democrats are going to "have a lot of explaining to do" if they choose to challenge them in court.

Why it matters: Democrats and even some Republicans have criticized Trump's decision to circumvent Congress to extend unemployment benefits as executive overreach, given that the Constitution gives Congress power to appropriate spending.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 19,680,042 — Total deaths: 727,777 — Total recoveries — 11,962,565Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 5,002,523 — Total deaths: 162,455 — Total recoveries: 1,643,118 — Total tests: 61,080,587Map.
  3. Politics: Nancy Pelosi says states don't have the funds to comply with Trump's executive order on employment — Trump adviser Larry Kudlow says he regrets suggesting the benefits could only be extended by Congress.
  4. Public health: Fauci says chances are "not great" that COVID-19 vaccine will be 98% effective — Poll: 1 in 3 Americans would decline COVID-19 vaccine.
  5. Schools: Nine test positive at Georgia school where photo showing packed hallway went viral — How back-to-school is playing out in the South as coronavirus rages on — Princeton, Johns Hopkins, Howard to hold fall classes online.