The Belgian Competition Council approves the acquisition of a financial newspaper subject to conditions, including a prohibition on tied offers of newspapers or of advertising space and a prohibition on applying discriminatory conditions to the supply of financial information to the written press in Belgium (Editeco - Les Echos)

The operation NV Uitgeversbedrijf De Tijd, owned by NV Rossel & Cie. and NV De Persgroep, acquired all the shares of NV Editeco, owner of the "Les Echos" financial newspaper. The original transaction was notified and approved on 26 January 2004 (2004-C/C-16). Third parties appealed the Competition Council's Decision 2003-C/C-90 before the Brussels Court of Appeal on the basis that it violated the Belgian competition law then in force. The Brussels Court of Appeal quashed the Decision. In the meantime, the parties structured the transaction so that their jointly

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  • Freshfields Bruckhaus Deringer (Hong Kong)

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Ninette Dodoo, The Belgian Competition Council approves the acquisition of a financial newspaper subject to conditions, including a prohibition on tied offers of newspapers or of advertising space and a prohibition on applying discriminatory conditions to the supply of financial information to the written press in Belgium (Editeco - Les Echos), 20 December 2005, e-Competitions Bulletin December 2005, Art. N° 21703

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