The French Competition Authority withdraws its authorisation of an undertaking’s purchase of rival commercial television company in the TV market and imposes a €30 m fine for failing to fulfill the 59 remedies imposed by the Authority (Canal Plus / TPS)

WITHDRAWAL OF CLEARANCE DECISION AND EUR 30 MILLION FINE AGAINST CANAL PLUS FOR UNFULFILLED MERGER CLEARANCE COMMITMENTS* The French Competition Authority has taken a hard stance by withdrawing its authorization of French broadcaster Canal Plus’ purchase of rival commercial television company TPS, formerly the two most powerful players on the pay TV market. This decision reasserts the importance of respecting imposed remedies. In this case, Canal Plus was sanctioned with a

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Authors

  • Franklin (Paris)
  • United Kingdom’s Competition Authority - CMA (London)

Quotation

Lionel Lesur, Louise Aberg, The French Competition Authority withdraws its authorisation of an undertaking’s purchase of rival commercial television company in the TV market and imposes a €30 m fine for failing to fulfill the 59 remedies imposed by the Authority (Canal Plus / TPS), 20 September 2011, e-Competitions September 2011, Art. N° 92834

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