A Spanish court has overturned a decision to impose fines on media group Mediapro and four leading clubs including Real Madrid and Barcelona for breaching rules on the sale of television rights, the firm said Thursday.
Spanish competition regulator CNMC in December 2013 imposed fines totalling nearly 15 million euros on Mediapro and the clubs for what they described in a statement as “a very serious infraction” of the rules on the acquisition of football-related rights.
Mediapro, which operated a pay-TV channel dedicated to football called Gol Television, were fined 6.5 million euros, Real Madrid were ordered to pay 3.9 million euros and Barcelona 3.6 million euros.
Sevilla were fined 900,000 euros and Racing Santander 30,000 euros.
But Spain’s top criminal court, the National Audience, “annulled the case” as well as the fines imposed on Mediapro and the clubs, Mediapro said in a statement.
The competition regulator had ruled that the four-year contracts which the clubs signed with Mediapro to broadcast their domestic league and cup matches was in violation of a three-year limit for such deals.
Full Content: NDTV Sports
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI