The proposed merger between French broadcasting groups TF1 and M6 has hit a potential obstacle after France’s competition authority raised concerns about the deal. Leading commercial broadcasters T…
Leading commercial broadcasters TF1 Group, M6 Group and their respective parent companies Bouygues and the RTL Group first announced they were inThey said their aim was to create a commercial broadcasting giant – spanning TV, radio, digital, content production and technology – with the breadth and scale to compete against the global platforms.
The TF1 Group, parent company Bouygues and M6 released identical statements in response to the report. They downplayed its significance but at the same time noted that antitrust measures suggested by the authority could kill the deal. “The nature and extent of the remedies required in the report would mean that the merger plans would no longer be meaningful for the parties involved and they would therefore abandon them.”
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