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IRIS 2005-9:1/32 [PT] Controlinveste/Lusomundo Serviços: Deliberation on Acquisition Operation

On 10 August 2005, the Portuguese Autoridade da Concorrência (Competition Authority) decided to approve the concentration operation involving Controlinveste, SGPS, S.A. and Lusomundo Serviços, SGPS, S.A. The decision found its justification in the argument that such an operation was not “susceptible of creating or reinforcing a dominant position from which significant impediments to competition in the general national written press market might arise”. This operation, of which the Competition Authority had been notified on 9 March, has led to Controlinveste's purchase of PT Multimedia's entire...

IRIS 2005-7:1/28 [PT] New Media Regulatory Body Proposed

The Portuguese government has presented to Parliament a proposal for a Law to create a new media regulatory body. Given the Socialist Party's absolute majority in the Chamber the project, which is now under discussion, should be approved without significant changes. The new media regulatory entity will - according to the proposal - be composed of a five member regulatory council (four of them to be nominated by Parliament) article 14, an executive board (where two of its three members will be the president and the vice-president of the regulatory council) article 32, and a fiscal member (also nominated...

IRIS 2005-5:1/20 [PT] New Concession for Public Service Television

The recently-elected socialist government in Portugal intends to reorganise the public service television operator, Rádiotelevisão Portuguesa (RTP). The government's programme, approved by the Parliament on 22 March 2005, states that the second national general channel (named 2:) will be fully reintegrated into a single public service concession to be established between the public operator and the state. The previous social democrats governments introduced a profound restructuring of RTP and the second RTP national channel was handed out to what the previous government called “civil society”....

IRIS 2004-10:1/82 [IT-PT] Films Co-Production Agreement between Italy and Portugal

On 19 September 1997 a Co-Production Agreement was signed between Italy and Portugal. The Agreement applies to all cinematographic works (feature films, animation, documentaries) irrespective of their length or medium. Producers from third countries that are linked to either Italy or Portugal by a co-production agreement can join the co-production. Financial contribution shall be at least 20%, in the case of multilateral co-productions 10%. As an exception, a mere financial participation in a co-production can be approved. In such cases, the financial participation must be at least 20%. For further...

IRIS 2004-10:1/75 [ES-PT] Films Co-Production Agreement between Spain and Portugal

On 8 February 1989 a Co-Production Agreement was signed between Spain and Portugal. It entered into force on 1 August 1990. The Agreement applies to feature films, animated films and documentaries irrespective of their length or medium. Those involved in the making of the film must be Spanish or Portuguese nationals or must be residents in the respective countries. Producers from third countries may join the co-production, if their country is linked to Spain or Portugal by a films co-production agreement. Financial participation shall be at least 20% of the total cost of the film, even in the case...