Vivendi's $611M TV Buy Faces Scrutiny From French Watchdog

Law360, New York (April 17, 2012, 3:56 PM EDT) -- France's antitrust regulator said Tuesday that a plan by Vivendi SA subsidiary Canal Plus SA to buy two free television channels from conglomerate Bollore SA for $611 million posed a threat to competition and warranted a full investigation.

The deal to acquire free channels Direct 8 and Direct Star might allow Canal to use its already dominant position in the market for pay television — the company is France's largest provider of pay services — to stifle competition in the free television market, the country's Competition...
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