13 November 2019
The EC clears Telia’s acquisition of Bonnier Broadcasting (a media powerhouse in the Nordics)
On 12 November, the European Commission has approved the acquisition of Bonnier Broadcasting by Telia Company. The Commission launched an in-depth investigation focussing on the merging companies’ activities in the wholesale supply and retail distribution of TV channels in Finland and Sweden. The Commission was concerned about potential input foreclosure that could weaken rival TV distributors, even via Over-The-Top (OTT) distribution. To address some of these concerns the Parties offered remedies in phase I, but these were deemed sufficient only during the in-depth investigation. RBB Economics advised both merging companies during the proceedings alongside Mannheim Swartling and Roschier.