The Competition Commission has published the draft final undertakings in respect of the proposed joint venture between BBC Worldwide Limited, Channel 4 Television Corporation and ITV plc in the “video on demand” sector. The Competition Commission’s report of 4 February 2009 found that the joint venture would lead to a substantial lessening of competition and should be blocked. Each of the partners to the proposed joint venture will now give undertakings to the effect that they will not acquire any interest in each other’s video on demand operations for the next five years. Interested parties are invited to provide their comments on the draft undertakings by 8 June 2009.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact email@example.comRegister
Publication of draft final undertakings confirms end of Project Kangaroo
Popular articles from this firm
Related topic hubs
Director and Senior Counsel
“The new ACC Newsstand is one of the best e-resources that I have encountered in 21 years of practicing Employment Law. The information is timely, helpful and easy to navigate. Thank you for offering it and please continue it indefinitely!!”