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EU: Liberty’s Unitymedia reaches deal in antitrust case

By  |  February 15, 2015

Liberty Global’s German unit has reached an agreement with two companies who objected its 3 billion euro purchase of cable provider KabelBW, the company said in a statement on Friday.

A regional court in Duesseldorf in 2013 ruled that the cartel office must re-examine the case to either block it or force the firms to offer more concessions to protect competition in the cable television market.

Unitymedia said on Friday that two companies have withdrawn their objections against the deal and that theIr new agreement was approved by the German competition watchdog. Unitymedia did not give any details about the agreement.

Full Content: Euro News

 

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