The Abduction star, who will also play the fairytale character in Tarsem Singh's as-yet untitled Snow White project, said that she believes people will be willing to go and see both versions of the classic story.
"I think the audience may very well enjoy seeing two different versions," Collins told Teen Vogue. "And I think that Kristen is perfect for hers."
Collins went on to speak about her boyfriend, Twilight star Taylor Lautner.
"He's a very funny, down-to-earth young man," she said.
Lautner recently revealed that he is rooting for both Snow White films, saying that the two movies will feel completely differently.
In July, Collins insisted that her Snow White film will be "epic" and teased that her version of Snow White will not be a weakling.
Watch Lily Collins and Taylor Lautner in the trailer for Abduction below: