Dutch Antitrust Watchdog Fines Media Co. €19M

Law360, New York (July 14, 2010, 6:12 PM EDT) -- Dutch regulators have fined media company Koninklijke Wegener NV €19 million ($24.2 million) for allegedly ignoring a requirement to keep two newspapers independent from one another after acquiring rival VNU Dagbladen in 2000.

The Netherlands Competition Authority said Wednesday that, contrary to the agency's instructions, Wegener has integrated the editorial and commercial operations of two newspapers in the country's Zeeuws-Vlaanderen region.

Wegener, which already owned regional newspaper Provinciale Zeeuwse Courant, became the owner of BN/De Stem after the transaction in 2000. PZC and BN/De Stem publish...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.