Cartel Office opposes complete takeover of N-TV by RTL
The German Federal Cartel Office has spoken out against the planned complete takeover of the news channel N-TV by the RTL Group.
The German Federal Cartel Office has
against the planned complete takeover of the news channel N-TV
by the RTL Group. Complete control over the
channel, which was previously 50 percent owned by RTL and 50 percent by CNN/Time Warner.
was held, would strengthen the dominant position of the
RTL Group (RTL, Vox, Super RTL and N-TV). The takeover of the
CNN shares would also lead to a narrowing of the existing duopoly.
between the RTL Group and the ProSiebenSat.1 Group. According to
Cartel Office has served Cologne-based broadcaster RTL with a warning letter
has been issued. The parties have until February 16, 2006 to respond,
to comment on this.
against the planned complete takeover of the news channel N-TV
by the RTL Group. Complete control over the
channel, which was previously 50 percent owned by RTL and 50 percent by CNN/Time Warner.
was held, would strengthen the dominant position of the
RTL Group (RTL, Vox, Super RTL and N-TV). The takeover of the
CNN shares would also lead to a narrowing of the existing duopoly.
between the RTL Group and the ProSiebenSat.1 Group. According to
Cartel Office has served Cologne-based broadcaster RTL with a warning letter
has been issued. The parties have until February 16, 2006 to respond,
to comment on this.
