The Spanish Competition Authority fines a telephone company €6M for breaching the commitments it made when acquiring a cable TV firm (Telefónica / DTS)

Competition Authority, Spanish

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10 Mar 2023

The Spanish Competition Authority fines a telephone company €6M for breaching the commitments it made when acquiring a cable TV firm (Telefónica / DTS)

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Reference

Spanish Competition Authority, Telefónica / DTS, Press release, 10 March 2023

The CNMC fines Telefónica 6 million euros for breaching the commitments made in its merger with DTS.* In 2015, Telefónica voluntarily submitted a series of commitments that would allow it to acquire DTS and preserve market competition, including not imposing minimum-term conditions on its Movistar Fusión offerings. The National High Court recently validated the CNMC's decision to extend the validity of the commitments submitted by Telefónica until April

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Auteur

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

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Citation

Spanish Competition Authority, The Spanish Competition Authority fines a telephone company €6M for breaching the commitments it made when acquiring a cable TV firm (Telefónica / DTS), 10 mars 2023, e-Competitions March 2023, Art. N° 111465

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