Antitrust IntelligenceAntitrust IntelligenceAntitrust Intelligence
Prices
Notification
Font ResizerAa
  • What we do?
  • Insights
  • Financial Analysis
  • News
  • Antitrust Club
  • Antitrust Investor
Reading: Lithuanian Regulator Fines MM Grupp for Unapproved Merger
Font ResizerAa
Antitrust IntelligenceAntitrust Intelligence
Search
  • What we do?
  • Insights
  • Financial Analysis
  • News
  • Antitrust Club
  • Antitrust Investor
Have an existing account? Sign In
Follow US
News

Lithuanian Regulator Fines MM Grupp for Unapproved Merger

Editorial
Last updated: October 30, 2025 9:58 am
Editorial
Published October 30, 2025
Share
Photo by Denise Jans on Unsplash

The Lithuanian Competition Council has fined Estonian company MM Grupp €7.5 million for breaching national competition law by acquiring control of a rival cinema chain without prior authorization. The Council also ordered the company to remedy the infringement within six months.

According to the authority, MM Grupp — which operates the Apollo cinema chain — unlawfully took control of Forum Cinemas Lithuania and its Forum Cinemas theatre network from Odeon Cinemas Group in April 2021, without first obtaining merger clearance.

The investigation established that MM Grupp not only acquired control but also exercised it by restructuring Forum Cinemas Lithuania, dividing its business, and seeking to integrate the two largest cinemas in Vilnius and Kaunas into the Apollo network.

At the end of 2021, MM Grupp — through its subsidiary Apollo Kinas — took over the cinema located in Vilnius’ Akropolis shopping centre and leased part of Forum Cinemas Lithuania’s remaining business, including the Kaunas Akropolis cinema, to another operator. However, that arrangement proved temporary: a year later, MM Grupp regained control of the Kaunas cinema and again attempted to integrate it into its Apollo network.

Having reviewed all circumstances, the Competition Council concluded that MM Grupp had implemented a concentration without authorization, in violation of the Competition Law. The authority imposed a fine of €7,507,930, representing 0.8% of MM Grupp’s total consolidated annual global revenue, and ordered the company to end the infringement related to the Vilnius and Kaunas cinemas within six months. MM Grupp must either (i) submit a merger notification to obtain clearance, or (ii) take steps to restore the pre-transaction situation or otherwise eliminate the consequences of the violation.

Jolanta Ivanauskienė, Chairperson of the Competition Council, emphasized the seriousness of the breach:

“Implementing a concentration without obtaining the institution’s permission is a very dangerous violation, because our experts cannot assess the impact of the transaction on competition. If companies merge or acquire each other and competition is significantly reduced, consumers may face higher prices, less choice, and lower quality,” Ivanauskienė said.

Under Lithuanian law, companies may be fined up to 10% of their annual global turnover for implementing a concentration without authorization.

The Council’s decision may be appealed to the Regional Administrative Court within one month from its publication or official delivery.

The case traces back to March 2021, when MM Grupp filed a notification to acquire Forum Cinemas Lithuania. After preliminary review, the Competition Council informed the company that the deal could negatively affect competition in Lithuania’s film exhibition and distribution markets. Despite these concerns and before receiving a final decision, MM Grupp proceeded with the acquisition in April 2021. The authority later terminated its assessment on October 14, 2021, after MM Grupp failed to provide all necessary information in due time, effectively preventing formal approval of the transaction.

The decision underscores the Competition Council’s continued focus on gun-jumping violations and the importance of securing merger clearance before implementing transactions that may affect market structure.

You Might Also Like

India to Scrap Digital Ad Tax in Bid to Boost U.S. Trade Relations

U.S. Considers Breaking Up Google Amid Antitrust Battle

Meta and TikTok Win Court Battle Over EU Tech Fees

CNMC Fines Endesa and Naturgy €1.2 Million for Missing Info on Bills

Brazil Dismisses Notification in Azul-Gol Codeshare Agreement Case

TAGGED:cinemacompetitionfineLithuaniamergerMM Gruppregulatorremedy

Weekly Newsletter

Insights you can turn into money or clients
Financial Analysis

The App Store Is Apple’s Profit Engine — and Its Most Guarded Secret

Editorial
Editorial
November 5, 2025
Financial Headwinds Temper Telefónica’s Consolidation Agenda
Antitrust Intelligence

About Us

We identify and quantify regulatory risks so you can take better decisions
Menu
  • Insights
  • Financial Analysis
  • News
  • My Bookmarks
  • About Us
  • Contact
Legals
  • Cookie Policy
  • Terms & Conditions
  • Privacy Policy

Subscribe Us

Subscribe to our newsletter to get weekly ideas to make money and get new clients!

© 2025 Antitrust Intelligence. All Rights Reserved. - Web design Málaga by Seb creativos
Antitrust Intelligence
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
Antitrust & Financial Markets? Download Your Free Guide NOW
Five tips to find unique regulatory intelligence
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?