A PYMNTS Company

Belgium: Regulator to review Telenet deal for De Vijver

By  |  November 25, 2018

Belgium’s competition regulator will take a look at Liberty Global’s plan to take control of De Vijver Media, the European Commission announced.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Belgian regulator asked to take over the case from the EC on the grounds that the deal may have a significant effect on competition in a number of regional markets in the country.

    “The Belgian Competition Authority is well placed to assess the proposed merger. The Commission has therefore decided to refer the case in its entirety to Belgium,” the EU antitrust enforcer stated.

    Liberty Global’s Telenet planned to operate an advertising joint venture with Corelio’s Mediahuis by buying shares it doesn’t own in De Vivjer. It received clearance to take a 50% stake in De Vivjer in 2015.

    Full Content: Reuters
    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.