The Spanish Competition Authority urges a national telecommunications company to modify its agreement with a global sports subscription video streaming service to be compatible with the commitments acquired in its takeover of a multichannel audio technologies firm (Telefónica / DTS)

Competition Authority, Spanish

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10 Aug 2021

The Spanish Competition Authority urges a national telecommunications company to modify its agreement with a global sports subscription video streaming service to be compatible with the commitments acquired in its takeover of a multichannel audio technologies firm (Telefónica / DTS)

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Reference

Spanish Competition Authority, Telefónica / DTS, Press release, 10 August 2021

The CNMC urges Telefónica to modify its agreement with Dazn to be compatible with the commitments acquired in its take-over of DTS* In 2015, the Commission authorised the Telefónica/DTS take-over subject to a series of commitments related to pay television.The recent agreement between Telefónica and Dazn regarding the Formula 1 exclusive rights for the 2021, 2022 and 2023 seasons could breach some of those commitments. The CNMC has published a resolution urging Telefónica to modify certain aspects of its agreement with Dazn to adapt it to the commitments acquired after the Telefónica/DTS take-over transaction in April 2015 (VC / 0612/14). The CNMC has analysed the compatibility of the agreement dated January 7th, 2021 between Telefónica and

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Spanish Competition Authority
Spanish Competition Authority (CNMC) (Madrid)

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Quotation

Spanish Competition Authority, The Spanish Competition Authority urges a national telecommunications company to modify its agreement with a global sports subscription video streaming service to be compatible with the commitments acquired in its takeover of a multichannel audio technologies firm (Telefónica / DTS), 10 August 2021, e-Competitions Mergers & Media , Art. N° 102023

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