The EU Commission gives the green light to the merger between the two existing satellite pay-TV platforms in Italy subject to a complex package of conditions (Newscorp / Telepiù)

"The Commission closes probe into pay-TV industry in Italy approving Newscorp/Telepiù merger deal"* On 2 April 2003, after an in-depth investigation, the Commission gave the green light to the merger between the two existing satellite pay-TV platforms in Italy subject to a complex package of conditions which will be applicable until 2011. The investigation revealed that the survival of two operators in pay TV market in Italy would have been very unlikely. The background and the transaction On 16 October 2002, The News Corporation (Newscorp) notified a transaction to the Commission whereby it would acquire sole control of Telepiù from the Vivendi group and would subsequently merge Telepiù with Stream, the pay-TV platform it controls. For the third time in two years the Italian

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Vincenzo Baccaro, The EU Commission gives the green light to the merger between the two existing satellite pay-TV platforms in Italy subject to a complex package of conditions (Newscorp / Telepiù), 2 April 2003, e-Competitions April 2003, Art. N° 38909

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