InvestorQ : Why are there such strong objections to the PVR INOX merger?
Tisha Malhotra made post

Why are there such strong objections to the PVR INOX merger?

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Aashna Tripathi answered.
2 months ago
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The objections to the PVR and INOX merger have come from the Consumer Unity and Trust Society (CUTS), an advocacy group. It has now called upon the CCI to investigate possible anti-competitive effects of the merger. The combined entity will have a total of 1,500 screens and will literally dominate the exhibition business in India. Both companies had denied the need for CCI approval as both had been shut for months during the pandemic.

PVR-Inox will have over 50% share in 19 cities, but consolidation is the best bet for this industry to survive and thrive in the future.

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