The French Competition Authority fines a media group for breach of merger commitments and requires unwinding or re-notifying merger (TPS / Canal Sat)

In an unprecedented decision, on September 20, 2011, the French Competition Authority (Autorité de la concurrence) withdrew the authorization granted in 2006 for Canal Plus to merge with TPS, on the ground that Canal Plus Group subsequently breached some of the conditions of the merger authorization. Furthermore, the Authority imposed a € 30 million fine (about $40 million) on Canal Plus and ordered it either to dismantle the merger or notify it afresh. Never

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Eric Morgan de Rivery, The French Competition Authority fines a media group for breach of merger commitments and requires unwinding or re-notifying merger (TPS / Canal Sat), 20 septembre 2011, e-Competitions September 2011, Art. N° 50115

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