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Portugal: Regulator says Cofina/Media Capital merger poses no competition risk

By  |  November 5, 2019
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Portugal’s National Communication Authority (Anacom) has ruled that the proposed acquisition by Cofina of Media Capital Group does not raise relevant competition issues in the electronic communications markets. This follows a request addressed to the regulator by the Competition Authority (AdC).

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    In view of the fact that Media Capital’s activities do not fall within Anacom’s sphere of competence, the regulator has not expressed an opinion on their definition. As a result, no electronic communications markets were identified that were potentially affected by the transaction in question.

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