A PYMNTS Company

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.

    Get the Full Story

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

    Subscribe 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.

    Full content: Comision Nacional de la Competencia

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

     

    Related content: The New Spanish Competition System

     

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