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European Commissioner for Competition Joaquin Almunia gestures while speaking during a media conference at EU headquarters in Brussels, Monday, Jan. 13, 2014. The European Union's antitrust watchdog says it has opened an investigation on licensing agreements between several major U.S. film studios and European pay TV broadcasters. Its probe covers Twentieth Century Fox, Warner Bros., Sony Pictures, NBCUniversal and Paramount Pictures. (AP Photo/Virginia Mayo)