DECRYPTION – The Competition Authority and Arcom have validated the acquisition of Altice Media by the shipowner CMA CGM, but impose certain conditions.
Rodolphe Saadé can officially become the owner of Altice Media. On Friday, the Audiovisual Regulatory Authority (Arcom) and the Competition Authority (ADLC) each gave the green light to its acquisition of BFMTV, RMC, RMC Découverte, RMC Story, as well as local channels BFM Regions. But under conditions.
In mid-March, telecoms magnate Patrick Drahi, at the head of the Altice group, announced that he had sold Altice Media to the Marseille shipowner CMA CGM, headed by Rodolphe Saadé, for 1.55 billion euros. Both parties have since been awaiting approval from the Competition Authority and approval from Arcom.
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After examining the file, the antitrust validated the operation, but however conditions this takeover on certain commitments. “ Although the investigation allowed the Authority to rule out the possibility of anti-competitive risks on the majority of markets affected by the transaction, a risk of eviction was identified at the local level. “, she says…
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