EU Commission clears acquisition of Naspers' online classifieds businesses in Asia by Schibsted, Telenor and Singapore Press Holdings - as well as acquisition of Brazilian online classified business by Schibsted, Telenor and Naspers

By -
The European Commission has approved under the EU Merger Regulation the acquisition of joint control over the online classifieds businesses of Naspers in Malaysia, Thailand and Vietnam by Schibsted ASA of Norway, Telenor ASA of Norway and Singapore Press Holdings Ltd of Singapore. Schibsted and Singapore Press Holdings are international media groups, while Telenor is a telecommunications operator. The Commission concluded that the proposed acquisition would not raise competition concerns given that the target business will only operate in Malaysia, Thailand and Vietnam and thus outside the European Economic Area (EEA). Moreover, the companies' activities do not overlap. The operation was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7447.

***

Also, the European Commission has approved under the EU Merger Regulation the acquisition of joint control over Bomnegocio Ativades Ltda of Brazil by SnT Classifieds ANS of Norway and Naspers Limited of South Africa. Bomnegocio, currently solely controlled by SnT, provides online classified services in Brazil. SnT is a joint venture between Schibsted ASA, an international media group, and Telenor ASA, a telecommunications operator, both of Norway. Naspers is a broad-based global multimedia group. The Commission concluded that the proposed acquisition would not raise competition concerns given that Bomnegocio will only operate in Brazil and thus outside the European Economic Area (EEA). Moreover, the companies' activities do not overlap. The operation was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7446.




Popular posts from this blog

CJEU on Spiegel Online: The use of a protected work for the purposes of reporting current events does not, in principle, require a prior request for authorisation

By -
Source: Judgment of the Court of Justice in Case C-516/17

Spiegel Online
deenfr

Freedom of establishment

The use of a protected work for the purposes of reporting current events does not, in principle, require a prior request for authorisation

Court of Justice of the European Union

PRESS RELEASE No 101/19
Luxembourg, 29 July 2019

Judgment in Case C-516/17
Spiegel Online v Volker Beck

The use of a protected work for the purposes of reporting current events does not, in principle, require a prior request for authorisation

Furthermore, a work may be quoted by means of a hyperlink, provided that that quoted work, in its specific form, was previously made available to the public with the copyright holder’s authorisation or in accordance with a non-contractual licence or statutory authorisation

Volker Beck, a former member of the Bundestag (Federal Parliament, Germany) is the author of a manuscript on criminal policy relating to sexual offences committed against minors, which was published under a pseu…
Read more

EU auditors scrutinize EU Commission's annual 24.5m € support to NBC affiliate Euronews

By -
Source: ECA - eca.europa.eu

EU support helps Euronews to broaden its coverage of European affairs, but funding needs to be better monitored, say EU Auditors.


The EU’s support of an average of €24.5 million a year has helped Euronews to develop a unique business model and broadcast programmes on EU affairs in a number of languages, according to a new rapid case review by the European Court of Auditors. However, most citizens in the EU are unable to access it, as the channel is not a public service broadcaster in any Member State. Moreover, the auditors identified shortcomings in the way the European Commission monitors the performance of Euronews against agreed objectives and commitments made. Euronews was created in 1993 by ten European public broadcasters to reinforce European identity and integration, and the EU has provided it with financial support since then. In recent years, it has changed its ownership structure by acquiring private investors. The auditors analysed the funding of …
Read more

EU Court to rule about search engine de-referencing - Google v CNIL (France)

By -
Image
Source: www.curia.europa.eu
 Court of Justice of the European Union PRESS RELEASE No 2/19
Luxembourg, 10 January 2019
Advocate General’s Opinion in Case C-507/17
Google v CNIL (France)
Advocate General Szpunar proposes that the Court should limit the scope of the de-referencing that search engine operators are required to carry out to the EU
By decision of 21 May 2015, the President of the French Commission nationale de l’informatique et des libertés (National Commission for Information Technology and Civil Liberties; ‘the CNIL’) served formal notice on Google that, when acceding to a request from a natural person for the removal of links to web pages from the list of results displayed following a search performed on the basis of that person’s name, it must apply that removal to all of its search engine’s domain name extensions.
Google refused to comply with that formal notice, merely removing the links in question from only the results displayed following a search performed on the domain nam…
Read more