Competition authorities in France are preparing to hear from competitors of the nation’s telco industry regarding plans for cable operator Numericable to acquire rival SFR, say reports.
The watchdog will hear concerns and comments on the matter on October 8 as it prepares to rule on the merger by the end of the month. Reports say authorities are expected to demand concessions from the cable firms before approving the takeover.
Industry experts predict that Numericable will be forced to divest its oversees unit Outremer Telecom and say that there is a possibility the merged company will be forced to open their fixed network to rivals.
According to reports, officials are also slated to review how Vivendi will be affected by the deal; the leading mass media firm will hold a 20 percent stake in the new company.
Full content: Digital TV Europe
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI