CELEX: 32011M6364
Language: en
Date: 2011-09-21 00:00:00
Title: Commission Decision of 21/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6364 - DCDC HOLDINGS / UNIVERSAL / WB / DCDC JOINT VENTURE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32011M6364

Commission Decision of 21/09/2011 declaring a concentration to be compatible with the common market (Case No COMP/M.6364 - DCDC HOLDINGS / UNIVERSAL / WB / DCDC JOINT VENTURE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION     |
            Brussels , 21/09/2011
             C(2011) 6878
             PUBLIC VERSION 
             SIMPLIFIED MERGER PROCEDURE
            To the notifying parties:   | |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6364 – DCDC HOLDINGS/ UNIVERSAL/ WB/ DCDC JOINT VENTURE
             Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 24.08.2011, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings AMC Entertainment Inc. ("AMC", USA), Cinemark USA, Inc. ("Cinemark", USA) and Regal Entertainment Group ("Regal", USA) controlled by Anschutz Corporation (USA), (all together "DCDC Holdings"), Universal City Studios LLC ("Universal", USA) controlled by Comcast Corporation ("Comcast", USA), and Warner Bros. Entertainment, Inc. ("WB", USA) controlled by Time Warner Inc. ("Time Warner", USA) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Digital Cinema Distribution Coalition LLC ("DCDC joint venture", USA) by way of purchase of shares in a newly created company constituting a joint venture  [2]  .
            2.  The business activities of the undertakings concerned are:
              - for AMC: motion picture exhibition in the USA;
              -  for Cinemark: motion picture exhibition in the USA and Latin America;
              - for Regal and Anschutz Corporation: motion picture exhibition in the USA and           private equity investment;
              - for Universal and Comcast: media and entertainment in television networks,            filmed entertainment, operation of cable systems in the USA, internet and            telephone services;
              - for WB and Time Warner: media and entertainment in television networks, filmed           entertainment and publishing;
              - for DCDC joint venture: digital distribution of motion pictures.
            3.  After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3]  .  
            4.  For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.
             For the Commission (Signed) Alexander ITALIANER Director General
            [1]OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.
            [2]  Publication in the Official Journal of the European Union No C 257, 01/09/2011, p.10.
            [3] OJ C 56, 5.3.2005, p. 32.