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Canal Plus loses TPS merger authorisation, fined EUR 30 mln

Wednesday 21 September 2011 | 11:31 CET | News
France's competition authority has found that pay TV group Canal Plus and its parent Vivendi failed to uphold ten of the commitments made when they acquired CanalSatellite and TPS. In consequence, it has retroactively removed the merger's authorisation and fined Canal Plus EUR 30 million. Conditions to the merger that have not been respected include delays in unbundling seven key premium channels offering films, sports and cartoons, to be offered by IPTV competitors. It also relaunched CanalSat on 21 March 2007, before Canal Plus group made these channels available to rivals on 2 April. This

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Categories: Broadcast & Satellite / Internet
Companies: Canal Plus / Vivendi
Countries: France
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