Economy, asked by NameerAli, 5 months ago

Question 5
Extract C
Cineworld investigation by Competition Commission (competition regulator)
Cineworld had to sell cinemas in three towns after the Competition Commission (CC)
concluded that its acquisition of the Picturehouse chain would lead to higher prices fo@
customers in Aberdeen, Bury St Edmunds and Cambridge. While Cineworld operates
mainly in large out-of-town-centre cinemas, Picturehouse's cinemas tend to be smaller
and located in city centres.
The CC has concluded that the acquisition could lead to a substantial lessening of
competition in the cinema market in Aberdeen, Bury St Edmunds and Cambridge -
where Cineworld and Picturehouse face limited competition.
Adult (19-59 yrs)
£9.60
Child (2-14 yrs)
£6.80
Student (15-18 yrs)
£7.30
Senior (60+ yrs)
£7.30
Family of 4
£29.80

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Answered by ANSUMANSAHILANSUMAN
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Answer:

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