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Belgium: Regulator to review Telenet deal for De Vijver

 |  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.

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
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