French Panel Nixes Canal Plus' Appeal Of Antitrust Conditions

Law360, New York (October 12, 2012, 2:26 PM EDT) -- France's Constitutional Council on Friday shot down an attempt by Vivendi SA's Canal Plus SA to overturn restrictions the country's antitrust watchdog established in July during a review of an acquisition the French television company completed more than half a decade ago.

The council — France's highest constitutional authority — found against an appeal of sanctions handed down by the country's Autorite de la Concurrence in July, when the regulator reapproved Canal Plus' 2006 acquisition of former rival Television Par Satellite, or TPS. Those conditions, according...
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