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CNC approves Antena 3-La Sexta merger, with conditions

By  |  July 16, 2012

Spain’s Comisión Nacional de la Competencia (CNC) has approved Antena 3’s acquisition of La Sexta, with conditions. Antena 3 is a television channel; La Sexta is a broadcast television station. An in-depth investigation by the CNC led to concerns that the merger would have on several audiovisual markets in Spain. To resolve the concerns, conditions will limit Antena 3’s ablity to use its acquired market power in the television advertising market, Antena 3’s reinforced position in the free-to-air television market, and the ability to exclude content from competitors. The conditions will be effective for five years.

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    Full content: Comision Nacional de la Competencia

     

    Related content: The New Spanish Competition System

     

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