The Competition Council has extended interim measures on the Estonian company MM Grupp for one year due to suspicions of implementing a concentration without approval. The measures aim to prevent harm to competition in the cinema market. MM Grupp is obligated to manage Forum Cinemas' assets without affecting its viability or competitiveness. Advisors in competition law should note the importance of complying with approval processes to avoid potential legal consequences and the need to maintain economic independence among entities during mergers and acquisitions.

Extension of Interim Measures for Estonian Cinema Chain

The Competition Council has extended interim measures on Estonian company MM Grupp for one year due to suspicions of implementing a concentration without approval, aiming to prevent harm to competition in the cinema market. MM Grupp is required to manage Forum Cinemas' assets without impacting its viability or competitiveness. Compliance with approval processes is crucial to avoid legal consequences, emphasizing the need to maintain economic independence during mergers and acquisitions. This case highlights the importance of competition law advisors in ensuring compliance and preserving market competition.

Extension of Interim Measures for Estonian Cinema Chain

The Competition Council has prolonged interim measures on Estonian company MM Grupp for one year, aiming to prevent harm to competition in the cinema market due to suspicions of implementing a concentration without approval.