AMC Entertainment can buy Starplex Cinemas if it divests venues in Berlin, Connecticut, and East Windsor, New Jersey the Justice Department said today.
The department and the State of Connecticut filed a civil antitrust lawsuit to block the $172 million deal, but with proposed the settlement. The proposed consent decree specifically calls for AMC to divest the Starplex Town Center Plaza 10 in East Windsor, New Jersey, and the Starplex Berlin 12 in Berlin, Connecticut to a buyer approved by DOJ.
“Consumers have benefitedJustice from the competition on price and on quality of the viewing experience between AMC’s and Starplex Cinemas’ theatres in Berlin, Connecticut, and East Windsor, New Jersey,” Assistant Attorney General Bill Baer, of the Antitrust Division, says. “The divestiture of two theatres in those areas ensures that movie theater competition is preserved.”
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