A PYMNTS Company

Spain: Antitrust body says Telecinco, Cuatro have not met merger commitments

By  |  March 24, 2015

Spain’s antitrust body said on Tuesday Mediaset Espana’s Telecinco and free-to-air channel Cuatro have not met their proposed merger commitments and it would open a new inquiry which could lead to sanctions.

Mediaset was fined €15.6 million in February 2013 by the competition body for failing to meet commitments related to the merger of the two channels.

The competition body said Telecinco had not met obligations in relation to the sale of television advertising.

 

Full Content: Yahoo! News

 

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