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PPF wins EU approval to buy broadcaster Central European Media

( October 6, 2020, 16:30 GMT | Official Statement) -- MLex Summary: PPF has won unconditional EU approval to buy broadcaster Central European Media Enterprises. PPF is an investment company that owns telecom operators in the Czech Republic, Slovakia, Bulgaria, Hungary, Serbia and Montenegro. The European Commission found the deal wouldn’t allow PPF to significantly limit the access of rivals to CME's channels in the Czech Republic. It found that PPF wouldn’t be able to prevent rival TV channels from accessing its distribution platform. It also found no competition concerns in relation to the supply or acquisition of advertising space.Statement follows....

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