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Brazil takes longer to examine AT&T takeover of Time Warner

Thursday 6 July 2017 | 11:24 CET | News
Brazil's Administrative Council for Economic Defense (Cade) has declared that Time Warner's acquisition of AT&T, the indirect parent company of pay-TV operator Sky Brasil, is "complex" and will require additional steps, according to a statement published in the Official Gazette and reported by Reuters. The competition regulator found that the case requires further analysis of incentives for the adoption of anti-competitive practices, as well as marketing studies of competitors to understand the competitive pressure and the economic efficiencies generated by the merger.

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Categories: Broadcast & Satellite
Companies: Anatel / Sky Brasil
Countries: Brazil
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