European Commission: Advance Notification of a Planned Merger between CLT/ Disney/ SuperRTL
IRIS 1995-5:1/5
Andrea Schneider
Institute of European Media Law (EMR), Saarbrücken/Brussels
A merger plan under article 4 of Council Regulation (EEC) No 4064/89 on the control of concentrations between undertakings was discussed at the European Commission meeting of April 7th 1995.
According to this plan and subject to acceptance, Disney Television (Germany) Inc. (controlled by the Walt Disney Company - "TWDC") and CLT Multi Media GmbH (controlled by CLTCompagnie Luxembourgeoise de Télédiffusion S.A.) planned, by purchasing shares, to take joint control of RTL Club Fernsehen GmbH & Co.KG ("RTL-Club") in accordance with Article 3 paragraph 1 of the above-mentioned Regulation.
After a provisional assessment of the situation the Commission decided that the announced merger came under the concentration Regulation and reserved the right to make a final decision on the matter at a later date.
References
- European Commission: Advance notification of a planned merger between CLT/ Disney/ SuperRTL
This article has been published in IRIS Legal Observations of the European Audiovisual Observatory.