European Commission seeks feedback on commitments offered by Paramount Pictures in pay-TV investigation
The European Commission is inviting comments on commitments offered by Paramount Pictures to address the Commission’s competition concerns relating to contractual clauses preventing the cross-border provision of pay-TV services. These concerns were set out in a Statement of Objections sent to six major film studios and Sky UK in July 2015. Under the commitments Paramount Pictures agrees not to prevent or limit a pay-TV broadcaster from responding to unsolicited requests from consumers within the EEA but outside of the pay-TV broadcaster’s licensed territory. It also agrees not to prohibit or limit pay-TV broadcasters located outside the licensed territory from responding to unsolicited requests from consumers within the licensed territory. Click here.
Bathroom supplier agrees to pay fine of £826,000 to CMA for restricting online prices
Ultra Finishing Limited has entered into a settlement with the CMA and agreed to pay a fine of £826,000 after admitting trying to stop retailers from discounting online prices. The fine includes a 20% settlement discount. Click here.
CMA warns estate agents over possible breach of competition law
The Competition and Markets Authority has issued an open letter warning estate agents that agreeing with rivals which property portals to list on may break competition law. Click here.
The European Commission has approved the proposed acquisition of Equens and its subsidiary PaySquare by Worldline. Both companies are active in the provision of payment and related services. The decision is conditional on the divestment of PaySquare's Belgian subsidiary and the respect of certain obligations related to the licensing of Worldline's Poseidon software, which is used in the provision of merchant acquiring services in Germany. Click here.
The CMA has decided to release the undertakings affecting FirstGroup’s bus business across southern and central Scotland. The undertakings were given in relation to the completed acquisition by FirstBus plc of SB Holdings Ltd (SBH) in 1996. This follows the CMA’s provisional decision to release the undertakings. Click here.
The CMA has decided that undertakings relating to the Rough gas storage facility should be varied. Click here.
The CMA will consider in detail whether to accept undertakings offered by Breedon instead of carrying out an in-depth merger investigation into its anticipated acquisition of Hope Construction Materials Limited. Click here.