01 August 2007

EU - Commission authorises acquisition of Télé 2 France by SFR

(RAPID)
The European Commission has approved under the EU Merger Regulation the purchase of the fixed telephony and Internet access businesses of Télé 2 France by the French mobile telephony operator SFR. When it was originally notified, the planned operation raised serious competition concerns in pay-TV markets in France and the Commission launched an in-depth investigation. These concerns have been addressed by commitments guaranteeing DSL operators equal treatment with the new entity as regards access to television content owned by the Vivendi group, of which SFR forms part. In the light of these commitments, the Commission has now concluded that the merger will not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.