Competition Authorizes the Purchase of Clear Channel by Atresmedia
7 Articles
7 Articles
The company of Planeta assumes to separate its advertising businesses for eight years
The National Commission of Markets and Competition (CNMC) has authorized, with commitments, the purchase of...
The National Market and Competition Commission (CNMC) has just authorized Atresmedia to purchase Clear Channel Spain, the country’s second largest foreign advertising company, but has decided to limit it by accepting those proposed by the Planeta-controlled audiovisual group itself to save the operation. Atresmedia will have to keep the company’s business and the rest of its advertising media separate for up to eight years. That means that, duri…
The National Commission of Markets and Competition (CNMC) has unveiled the commitments imposed on Atresmedia to approve the purchase of Clear Channel for 115 million euros. Read
The CNMC has authorized with conditions the purchase of Clear Channel Spain by Atresmedia, an operation that obliges the group to market separately the external advertising to mitigate the risks of competition. The resolution, corresponding to the C/1638/25 file, incorporates the external advertising in the media portfolio of Atresmedia. The company, controlled by Planeta, already operates on television and radio, while Clear Channel concentrate…
The CNMC authorized last month the purchase of Clear Channel Spain by Atresmedia. But it did so with a series of commitments. Atresmedia operates mainly in the television and radio advertising markets, and Clear Channel develops its activity in the outdoor advertising market, mainly in urban furniture. In addition, Planeta, which exercises Atresmedia control, is present in the press advertising market. The operation therefore involves the incorp…
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