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Portuguese competition authority will conduct in-depth investigation of Media Capital-Altice deal

( February 15, 2018, 17:09 GMT | Official Statement) -- MLex Summary: The Portuguese competition authority has decided to conduct an in-depth investigation of Altice's proposed acquisition of Media Capital group. In a statement, the Autoridade da Concorrência, or AdC, said that the deal could lead to relevant obstacles to competition in several markets, such as content for TV, telecoms and paid-TV. Altice is one of the main telecommunications and multimedia operators in Portugal, while Media Capital is the leader of audiovisual content and TV stations in the country.Statement follows below in Portuguese: ...

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