France Telecom Hits Canal Plus With Complaint

Law360, New York (May 18, 2007, 12:00 AM EDT) -- France Telecom has reportedly launched a legal campaign against Vivendi SA subsidiary Canal Plus SA, filing a complaint with Europe’s competition watchdog that accuses its rival of anti-competitive behavior in the French pay-TV market.

France Telecom said Friday it was at the beginning of a procedure against pay-TV company Canal Plus for failing to meet some of the 59 commitments the company made to the French finance ministry during its merger with rival satellite TV platform TPS last year, Dow Jones reported.

The commitments, mainly covering...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.