Resumen de Spain: : CNMC extends conditions for Antena 3 and La Sexta merger
The National Commission for Markets and Competition (Comisión Nacional de los Mercados y la Competencia, CNMC) has extended for two years the conditions by which the merger agreement between Antena 3 and La Sexta was authorised by the Council of Ministers on 24 August 2012 (see IRIS 2012-8/21).
The merger of the two broadcasters was authorised for an initial term of three years, subject to compliance with certain conditions relating to television advertising, the acquisition of audiovisual content and periodic benefit obligations of information, and free TV. After this period, the CNMC would assess whether there had been a significant change in the markets affected by the merger, and whether to maintain, adjust, or withdraw the conditions for a further period of two years
