Author: 21st Century Competition

Italy/Spain: Mediaset may challenge Telefonica to $1B bidding war (Competition Policy International)

Telefonica has offered to acquire Spain-based pay-TV firm Prisa, but Italy’s Mediaset is reportedly ready to match Telefonica’s $1 billion offer – or even surpass it.

According to reports, the Italian firm controlled by former Italy Prime Minister Silvio Berlusconi already owns a 22 percent stake in pay-TV competitor DTS through …read more

US: AT&T, DirecTV deal may add another $50B deal on FCC’s agenda (Competition Policy International)

AT&T is the latest media company reportedly looking to upend the industry as it is looking to acquire cable operator DirecTV in a $50 billion deal.

It’s a transaction reports say will likely lead to similar debate, speculation and attention seen by Comcast in its bid to acquire Time Warner Cable. …read more

India: Another probe ordered on Google (Competition Policy International)

Two years since the Competition Commission of India first launched an investigation into Google, the regulator ordered yet another probe into the US Internet search conglomerate Tuesday, according to reports.

Google’s advertisement service AdWords has been under the CCI’s radar since 2012, but time a new investigation has been launched following …read more

UK: Pfizer champions uncertain AstraZeneca deal (Competition Policy International)

The head of US pharmaceutical conglomerate Pfizer defended plans to acquire UK rival AstraZeneca as Pfizer chief executive Ian Read spoke to a panel of British lawmakers about the deal.

”We don’t see any substantial antitrust issues on this deal anywhere in the world,” Read said.

The merger would mark the largest …read more