Tuesday, November 25, 2008

ProSiebenSat.1: Ruling to prohibit takeover move

In the antitrust dispute over the prohibited takeover of the television group ProSiebenSat.1 by Axel Springer Publishing House ( "image", WORLD) is the Oberlandesgericht Dusseldorf for its decision longer time. The fact that Wednesday prepared for promulgation date was again postponed, a court spokeswoman said. Now the verdict on 3 December fall.

The Springer Group was in February 2006 on the takeover plans after the Federal Cartel Office had filed his veto. The competition guardians had a great a concentration of market power on the TV advertising market, the reader market for street selling newspapers and for the Anzeigenmarkt newspapers feared. Axel Springer complaint, however, to basically explore what opportunities we have yet to acquisitions in Germany.

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