Telstra’s proposed acquisition of majority stake in Fetch TV not opposed* The ACCC will not oppose the proposed acquisition of 51.4% of Media Innovations Holdings Pty Ltd (Fetch TV) by Telstra Corporation Ltd (ASX:TLS). Telstra and Fetch TV both supply content aggregation services through set-top-boxes. Telstra supplies Telstra TV with eligible Telstra retail broadband services and Fetch TV supplies set-top-boxes to broadband retailers to supply as an add-on to broadband services, and directly to consumers through select retail stores. The ACCC’s review focussed on whether Telstra would have the ability and incentive to foreclose
The Australian Competition Authority will not oppose the acquisition of a company that sells TV set-top-boxes by a broadband provider (Telstra / Fetch)
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