ALERTS : MERGER - NON-FULFILMENT OF REMEDIES PROPOSED

Sanctions : The French Minister of Economy sanctions two undertakings for non-fulfilment of remedies proposed in order to obtain the clearance of an acquisition of sole control in the audiovisual sector (TF1 / AB Groupe)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The present case therefore concerns the non-performance by TF1 and AB Group of commitments they had made for the Minister to authorizes by a decision of 27 October 2004 the creation by the TF1 and AB groups of the full-function joint venture Monte-Carlo Participations (MCP), and the acquisition by the latter of 80% of the share capital of Télé Monte-Carlo (TMC) and its Monegasque subsidiary TMC des Ondes (MDO). We remember that the Minister had considered that the operation, by strengthening the position TF1's dominant position on the television advertising market was that could harm competition on the latter market by the expected developments in the sector

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  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Sanctions : The French Minister of Economy sanctions two undertakings for non-fulfilment of remedies proposed in order to obtain the clearance of an acquisition of sole control in the audiovisual sector (TF1 / AB Groupe), 17 November 2008, Concurrences N° 1-2009, Art. N° 53883, www.concurrences.com

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