PVR INOX merger – Mere apprehension of AAEC cannot be basis of Investigation: CCI

Consumer Unity & Trust Society Vs PVR Limited (Competition Commission of India) Commission finds that the present case filed by the Informant is based on an apprehension that the PVR and INOX merger will result in the new entity being the largest player in Film Exhibition Industry. This entity, as per the Informant, will be dominant in terms of Section 4 of the Act by virtue of owning 1646 multiplex screens out of 3200 multiplex screens (approx.) in India. It is the contention of the Informant that the Proposed Transaction is likely to cause appreciable adverse effect on competition (AAEC)...