Merger control clearance for France 24 news channel

Decision (8 pages in French, PDF) of the French Government clearing under merger control rules the decision of French television companies TF1 (Bouygues) and France Télévisions (State-owned) to expand the scope of their news channel joint venture France 24 (formerly known as CFII) to broadcast in France as well as outside France. The clearance rests on commitments about independence of advertising sales and about transfer pricing given by the parties.

The joint venture's receipt of State subsidies was cleared under State aid rules in 2005 on the grounds that its (then) purpose of promoting French influence abroad was an Article 86(2) justification for State aid.

Filed under France, Media.

Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.

About Reckon