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CNMC set to fine Mediaset, Atresmedia EUR 80 mln for ad collusion - report

Wednesday 18 September 2019 | 10:23 CET | News
Spanish market and communications regulator CNMC is set to impose a fine of around EUR 80 million on the broadcasters Atresmedia and Mediaset for anti-competitive practices in the free-to-air (FTA) TV advertising market, according to unnamed sources cited by El Economista. The watchdog launched a formal investigation into possible collusion by the broadcasters in February 2018, with reports at the time suggesting a possible EUR 200 million fine. It has now been reduced to EUR 40 million per company, with the regulator set to order Atresmedia and Mediaset to change their business practices

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Categories: Broadcast & Satellite
Companies: Atresmedia / CNMC / Mediaset
Countries: Spain
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