A PYMNTS Company

EU: EC approves purchase of Dutch cable TV co Ziggo by Liberty Global

 |  May 30, 2018

The European Commission has reapproved with conditions, under the EU Merger Regulation, the acquisition of Ziggo by Liberty Global. The merger was first approved in 2014. Following the annulment of this approval by the General Court in 2017, the Commission has reassessed the merger.

Before the transaction, Ziggo and Liberty Global were separate cable TV operators providing mainly fixed telecommunications services, with non-overlapping activities in the Netherlands. In particular, they operated in different parts of the Netherlands and did not compete for the same customers. The merger between both companies was notified to the Commission in March 2014 and approved in October 2014, subject to conditions. This approval was then annulled by the General Court in October 2017 for procedural reasons.

Following a new investigation, the EC has confirmed its approval of the acquisition of Dutch cable TV operator Ziggo by Liberty Global, subject to conditions.

Full Content: Europa

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.