Frater Asia Japan film reports Patrick competitive Booking Frater Asia Japan

Japan Monopoly Authorities Approve Toho Cinemas’ Remedy for Anti-Competitive Film Booking System

Reading now: 237
variety.com

Patrick Frater Asia Bureau Chief Japan‘s Fair Trade Commission on Tuesday approved a remedial proposal by Toho Cinemas, the country’s largest movie theater operator, not to apply unfair pressure on third-party film distributors.

The FTC opened an investigation into film booking practices in March of last year, having received reports that Toho Cinemas, which is also in the same family of companies as Japan’s leading distributor, had pressured other companies to only use its theaters.

In its decision, reported by Japanese media, the FTC said that it accepted Toho Cinemas’ proposed remedies and said that it would not need to issue a cease-and-desist order or take other punitive measures that the anti-monopoly laws allow.

The FTC explained that distributors choose so-called main cinemas as venues for promotional events (stage greetings, fan meetings and gala screenings).

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA