Today's Weather: South East50°F / 10°cWeather South East

GovWire

CMA accepts Manchester cinemas sale

Competition and Markets Authority

April 19
12:04 2017

In December, the Competition and Markets Authority (CMA) announced that AMC (UK) Acquisition Ltds (AMCs) purchase of Odeon and UCI Cinemas Holdings Ltd (Odeon) would face an in-depth investigation, unless AMC could address concerns over the mergers effect on competition between cinemas in Manchester.

Prior to the merger, AMC operated a 16-screen multiplex in Manchester (the AMC Great Northern) and Odeon operated several cinemas in the Manchester area including the Odeon Printworks, a 20-screen multiplex.

To remedy the CMAs competition concerns, AMC offered to sell the Odeon Printworks to Vue Entertainment Limited (Vue). After considering responses to a formal consultation, the CMA has concluded that AMCs offer is sufficient to address the CMAs concerns.

The undertakings and all other information relating to this investigation are available on the case page.

Related Articles

Comments

  1. We don't have any comments for this article yet. Why not join in and start a discussion.

Write a Comment

Your name:
Your email:
Comments:

Post my comment

Recent Comments

Follow Us on Twitter

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: