EU Sends RTL TV-Venture Review To Germany, Austria

Law360, New York (September 27, 2010, 4:04 PM EDT) -- The European Commission has placed the antitrust review of a proposed joint venture between German private broadcasters ProSiebenSat. 1 Media AG and Bertelsmann AG's RTL Group into the hands of competition authorities in Austria and Germany.

The referral comes at the request of the two countries' competition regulators, the EC said Friday. Austria and Germany had made the request to transfer the review to them, arguing that the proposed transaction to create an online "catch-up" television and advertising platform would affect competition in the national markets...
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