Bulgaria Probes Cartel of 2 Cinema Chains

Bulgaria's anti-trust watchdog is launching a cartel probe of the two biggest cinema chains in the country, Cinema City Bulgaria and Kino Arena BT. Photo by Sofia Photo Agency

Bulgaria's Commission on Protection of Competition (KZK) is launching a cartel probe of the two biggest cinema chains in the country, Cinema City Bulgaria and Kino Arena BT.

The proceedings were launched on a tip-off of Lyudmil Todorov, writer, producer and director of "The Migration of the Belted Bonito" movie, who complained that the two chains had offered identical conditions for the screening of his work.

In Todorov's words, as cited by the 24 Hours daily, the fee was EUR 625, VAT excluded.

According to the Bulgarian film director, the same scenario unfolded over the issue of the movie revenues distribution.

"The information in the tip-off points to an identical behavior on the part f the two main participants on the market," the KZK's media statement notes.

The anti-trust watchdog also draws attention to the identical ticket prices and the simultaneous changes in market behavior of the two main players on the market.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!