AMC Wins Antitrust Suit As Texas Justices Find No Collusion

Movie theater chain AMC Entertainment Holdings Inc. won an antitrust case brought by iPic-Gold Class Entertainment LLC, alleging AMC had conspired with another movie theater to keep iPic out of two Texas locations, under a ruling from the Supreme Court of Texas on Friday.

In a reversal of an appeals court ruling, the state’s highest court said that the alleged collusion between AMC and Regal Entertainment Inc. to stop luxury movie theater iPic from screening first-run movies in Houston and Frisco was “implausible.”

The two alleged conspirators would have to endure losses for a long period of time, and each ...