The Belgian Competition Authority has approved the request of Kinepolis to lift the limitation on organic growth imposed in 1997: as from August 12, 2021, Kinepolis will be free to operate new cinemas without prior authorisation
The decision of the Belgian Competition Authority (BCA) concerns the termination over time of the limitation of the organic growth of the Kinepolis Group on the Belgian market. Until now, Kinepolis may not establish new single- or multi-hall complexes in Belgium without the preliminary authorisation of the BCA. This limitation was imposed in 1997 by the Competition Council as part of the approval of the concentration between the Bert and Claeys groups creating the Kinepolis.
In its considerations, the BCA found that the imposition of a condition of conduct on a merging party constitutes a far-reaching limitation of market freedom, which should preferably not last long, also in view of the possibilities offered by common competition law to take action against any abuse of a dominant position by a dominant party.
The competition authority concluded it should not be expected to maintain or create local cinema monopolies by prohibiting one market player from growing organically.
Full Content: Belgian Competition
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
DOJ and FTC Introduce Website for Reporting Anti-Competitive Healthcare Practices
Apr 18, 2024 by
CPI
US Congress Advances Legislation to Compel TikTok Sale
Apr 18, 2024 by
CPI
UK Financial Sector Advocates Enhanced Regulatory Accountability
Apr 18, 2024 by
CPI
Google and All 50 States Defend $700 Million Consumer Settlement
Apr 18, 2024 by
CPI
Colorado Enacts First Law to Protect Consumer Brainwave Data
Apr 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI