THE POLISH PRESIDENT OF THE OFFICE OF COMPETITION AND CONSUMER PROTECTION CONDITIONALLY CLEARED A MERGER BETWEEN MULTIPLEX CINEMA OPERATORS* Background On 11 July 2018, the President of the Office of Competition and Consumer Protection (the “OCCP”) initiated merger clearance proceedings concerning the acquisition of Cinema 3D S.A. (”3D”) by Multikino S.A. (“Multikino”). Multikino is a cinema operator, which pre-merger ran 32 multiplexes throughout Poland and has operations, among others, in cinema screen advertising. 3D operated 12 cinemas across the country. On 17 May 2019, following in-depth phase II proceedings and a market inquiry, the OCCP cleared the transaction under the condition of selling one multiplex cinema in Gdańsk. The condition imposed by the OCCP included several
Share on
|
|
The Polish Competition Authority conditionally clears a merger between multiplex cinema operators (Multikino / Cinema 3D)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
