Abandoned merger of TF1-M6 would have posed risks to competition, says France's Cœuré
( September 16, 2022, 17:05 GMT | Official Statement) -- MLex Summary: The merger of TF1 and M6 would have posed risks to competition and the remedies offered were insufficient, according to the French competition authority. "Audiovisual uses continue to experience profound changes," said Benoît Cœuré, president of the Autorité de la concurrence. "However, the evolution of uses as observed following the in-depth examination of this transaction does not allow us to consider that television advertising and online advertising are sufficiently substitutable from the point of view of advertisers."Statement follows in English. French statement is attached....
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