Earlier in May, producer Ronnie Screwvala’s company Unilazer Ventures Pvt. Ltd. (through its division, RSVP) had filed a case against four major multiplex chains — PVR, Inox, Cinepolis and Carnival Cinemas — as well as FICCI – Multiplex Association of India for charging an inordinate Virtual Print Fee (VPF). He filed a petition, addressed to the Competition Commission of India, saying that there is discrimination made by multiplexes between Bollywood producers and Hollywood studios with reference to the VPF charges. Now, there is a new development in the case. The multiplexes were found ‘not guilty’ in the case.
In its order, The CCI stated that the complainant, RSVP, was unable to prove any of the allegations. The CGI did not find alleged infringement of the law under the Competition Act. Ronnie had even appealed the CCI to conduct an investigation regarding the anti-competitive collusion and understanding, but the CCI said that there was no prima facie case sanctioning an investigation into the matter. As such, the CCI closed the case and no interim relief was granted to the producer.
For the uninitiated, earlier Screwvala had said that he was compelled to release Love Per Square Foot, starring Vicky Kaushal, via a streaming platform due to the very same reason of multiplexes charging so much money. Stay tuned to CineBlitz for more news and updates.