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Mediaset Spain, Atresmedia fined over EUR 77 mln for anti-competitive conduct in TV ad market
2019-11-14 09:23:00| Telecompaper Headlines
(Telecompaper) Spanish market and communications regulator CNMC has fined the broadcasters Atresmedia and Mediaset Spain a total of EUR 77.1 million for anti-competitive practices in the free-to-air (FTA) TV advertising market, confirming earlier reports. The watchdog launched a formal investigation into possible collusion by the broadcasters in February 2018, with reports at the time suggesting a fine of up to EUR 200 million. That has now been reduced to EUR 38.9 million for Mediaset and EUR 38.2 million for Atresmedia, with the broadcasters also required to modify their business practices within three months to boost competition in the sector.
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Category:Telecommunications
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