The Turkish Competition Authority conditionally clears the merger of the two largest cinema chains subject to divesture of twelve cinemas and notification of ticket prices (AFM / Mars)

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Reference

Turkish Competition Authority, AFM / Mars, 11-57/1473-539, 17 November 2011 (Turkish)

This study analyses the decision of the Turkish Competition Authority (TCA) in which it has cleared the merger of the two largest cinema chains in Turkey in Phase II conditional upon the divesture of twelve cinemas and notification of average ticket prices for a period of five years, which were found to be sufficient to restore the conditions of effective competition in the market. The Operation On 8 November 2010 TCA received two merger notifications concerning the acquisition of the sole control of one cinema operator, AFM Uluslararasi Film Produksiyon Ticaret ve Sanayi A.S. (AFM), by another, Mars Sinema Turizm ve Sportif Tesisler Isletmeciligi A.S.(Mars) and the acquisition of the joint control of the parent company Spark Entertainment Limited Inc. (Spark), which had the sole

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  • Ankara Hacı Bayram Veli University (Ankara)
    31 contributions 11797 visits

Quotation

Ahmet Fatih Ozkan, The Turkish Competition Authority conditionally clears the merger of the two largest cinema chains subject to divesture of twelve cinemas and notification of ticket prices (AFM / Mars), 17 November 2011, e-Competitions November 2011, Art. N° 47332

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