Finas to investigate allegations of cartel in film industry
PETALING JAYA: The National Film Development Corporation Malaysia Finas will summon exhibitors, distributors and film producers to investigate allegations of a…
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Summary
PETALING JAYA: The National Film Development Corporation Malaysia Finas will summon exhibitors, distributors and film producers to investigate allegations of a cartel and market dominance in the local film industry. Azmir said the main concern raised is not merely about a single distributor dominating the entire market, but rather the possibility of an entity being involved at several levels of the industry chain as a distributor, publisher and cinema owner. However, Azmir said the investigation will also cover the possibility that the cross-chain operations were carried out through subsidiaries or different business entities.
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PETALING JAYA: The National Film Development Corporation Malaysia Finas will summon exhibitors, distributors and film producers to investigate allegations of a cartel and market dominance in the local film industry
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Azmir said the main concern raised is not merely about a single distributor dominating the entire market, but rather the possibility of an entity being involved at several levels of the industry chain as a distributor, publisher and cinema owner.
according to BernamaHowever, Azmir said the investigation will also cover the possibility that the cross-chain operations were carried out through subsidiaries or different business entities.
according to Bernama
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