Is Pvar a Virtual Monopoly?

The competition commission of india will try and see if the union negatively impacts customers, innovation and growth in the industry. Both pvar and inox did not need c c is nod. Their rules state that companies do not need explicit approval to merge if their combined revenues don't exceed the one thousand cro rupe mark. Despite its love for movies, india has very few movie screens. The nine thousand screens in the country translate to only six screens per ten lack people. So in some ways, pvar inox could argue that the market needs big players to further expand the market.