CASE COMMENT: MERGERS - PAY -TV PLATFORMS - CLEARANCE - PHASE II

TV Merger - Remedies: The French Minister of Economy clears a major merger in the pay-TV sector subject to 59 behavioural remedies (TPS / CanalSat / VivendiUniversal)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – Min. Éco, August 30, 2006, TPS / CanalSat / VivendiUniversal, aff. C2006-02 In a Phase II decision dated August 30, 2006, the Minister authorized, subject to 59 behavioral commitments, the acquisition of exclusive control of TPS and CanalSat by Vivendi Universal (Vivendi). In other words, through this transaction, Vivendi acquires its most direct competitor, the pay-TV satellite platform TPS, and transforms its joint control over CanalSat into sole control. Following this transaction, Vivendi and the Canal Plus Group (GCP), wholly-owned by Vivendi, are thus authorized to take control of the pay-TV channel TPS and to create Canal Plus France. As a result

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Authors

  • Freshfields Bruckhaus Deringer (Paris)
  • Fiducial Legal by Lamy (Lyon)

Quotation

Jérôme Philippe, Aude Guyon, TV Merger - Remedies: The French Minister of Economy clears a major merger in the pay-TV sector subject to 59 behavioural remedies (TPS / CanalSat / VivendiUniversal), 30 August 2006, Concurrences N° 4-2006, Art. N° 12574, p. 94

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