French Competition Authority orders PMU to separate its online horserace betting activity from its physical point of sale network* On 25 February 2014, the French Competition Authority (“AdlC”) issued a decision (available only in French) making legally binding the commitment of Pari Mutuel Urbain (“PMU”), the holder of a legal monopoly over horserace bets placed in physical outlets, to separate its online horserace betting activity (“Pmu.fr”) from its point of sale network. In essence, PMU
The French Competition Authority makes legally binding the commitment of the holder of a legal monopoly over horserace bets placed in physical outlets, to separate its online horserace betting activity from its point of sale network (PMU)
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