Spain: Vodafone asks CNMC for changes on Canal+ purchase proposed by Movistar
The CEO of Vodafone Spain, Antonio Coimbra, has asked the National Commission of Markets and Competition (CNMC) to take advantage of the revision that must be made in 2020 to the conditions for the purchase of DTS (Canal +) by Telefónica in order to set a formula that will allow other operators to replicate Movistar’s offers.
Coimbra has specifically asked the CNMC to set a variable cost per subscriber for football broadcast rights, as is currently the case with film channels, and not a guaranteed fixed price. He also asked that the replicability formula takes into account the actual costs of content and not fictitious ones. He also assured that data shows the current system does not work, since Telefónica has kept a dominant position in both for-pay television and telecommunications services.
Vodafone also said that the loss of customers for having waived this season’s Champions League and Partidazo has been in line with what the company expected, but this does not indicate that they are happy with their decision to leave football, because the ideal situation would be that for any client of any operator to watch it, something that is currently prevented by the regulation.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI