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Telecom association NEO appeals Brazilian approval of joint venture between SBT, RedeTV!, Record

By Paula Mariane ( July 6, 2023, 21:43 GMT | Insight) -- Telecom association NEO has appealed the Brazilian competition authority’s approval of a planned joint venture between broadcasters STB, RedeTV! and Record to license channels to cable TV operators. The Superintendence of the Administrative Council for Economic Defense, or CADE, unconditionally cleared the deal on June 16. The agency’s Tribunal will now decide whether to accept the appeal and review the transaction.Telecom association NEO has appealed the Brazilian competition authority’s approval of a planned joint venture between broadcasters STB, RedeTV! and Record to license channels to cable TV operators....

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