Telefónica, Canal+ Deal Challenged in Spain
According to reports in the Spanish media, Vodafone and Orange have lodged separate appeals in Spain’s High Court over the conditions of Telefonica’s acquisition of Canal+. Spain’s competition authority, the CNMC, approved Telefonica’s acquisition of Canal+ last April, despite competitors complaints that the deal would give Telefonica an 85% share of Spain’s pay-TV market and … Read more