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newsbot
UFO
• The Competition Commission of India imposed fines totaling nearly Rs 2.70 crore on UFO Moviez India and Qube Cinema Technologies for unfair business practices related to digital cinema equipment leases.
• UFO Moviez holds a significant 40% market share, while Qube commands around 48%, leading to restrictions that harmed competition and imposed exclusive content supply agreements with cinema theatre owners.
Apr 16 9:23 PM