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Canal Plus ordered to sell Orange Cinema stake

Monday 23 July 2012 | 14:40 CET | News
France's Competition Authority has imposed new restrictions on Canal Plus, aimed at reducing its monopoly of the pay-TV market in France. In September 2011 the regulator withdrew its decision of 2006 clearing Canal Plus' takeover of the rival pay-TV provider TPS, after finding the company had not respected the conditions of the clearance and strengthened its near-monopoly of the market with an around 90 percent share. After Canal Plus refiled the merger with proposed conditions, the regulator conducted an extensive investigation of the market. Under its new decision, Canal Plus will be

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