With the Competition Board decision dated February 9, 2011, the final examination into the acquisition of the majority shares of AFM Uluslararası Film Prodüksiyon Ticaret ve Sanayi A.Ş. (AFM) by Mars Sinema Turizm ve Sportif Tesisler İşletmeciliği A.Ş. (Mars Sinema), as well as the acquisition of 50% of the shares of Spark Entertainment Limited, which holds control over Mars Sinema, by Esas Holding A.Ş., which holds sole control over AFM.
In the Competition Board meeting of November 17, 2011, the commitments proposed by he undertakings under the framework of the Communiqué no 2010/4 were discussed and the transaction in question was authorized, subject to the implementation of the commitments concerning the transaction, proposed by the parties. According to the commitments of the undertakings approved by the Competition Board, 10 theaters will be divested by the parties after the merger within the time period and in line the methods approved by the Competition Board.  In case the commitments are not carried out within the approved time period, the authorization granted will be nullified.
As well, for each theater, average ticket prices and the changes in these prices will be notified to the Competition Authority by the end of January every year for 5 years. Information required for the analysis of the ticket prices may be requested from the undertakings within the relevant markets and conclusions on these subjects will be brought into the agenda of the Board annually. 
The Competition Board decision in question was notified to the parties.