Press Release: Mergers: Commission approves acquisition of US producer of digital cinema solutions Doremi by rival Dolby

Author (Corporate)
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Series Details IP/14/1205 (27.10.14)
Publication Date 27/10/2014
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he European Commission cleared on the 27 October 2014 under the EU Merger Regulation the proposed acquisition of Doremi by Dolby, both of the United States. The Commission's investigation confirmed that, despite the overlap between the two companies' activities in the production of digital cinema servers (DCS) worldwide and in the European Economic Area (EEA), the proposed transaction would not lead to any anticompetitive effects because of the presence of alternative suppliers, the fast-moving nature of the market and the ease of switching for customers. The Commission's investigation also confirmed the absence of any anti-competitive conglomerate effects resulting from the combination of the parties' activities in the production of DCS and digital cinema audio processors.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-1205_en.htm
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