bartholomr4
Well-Known Member
From the website : https://www.estrategiaynegocios.net...o-en-la-misma-empresa-comisión-aprueba-compra in Mexico ( This is a Google Translation). Apparently Disney had to divest itself of a joint venture it had with Sony Pictures.
The Federal Commission of Economic Competition (Cofece) unanimouslyauthorizedthis Wednesday the merger between The Walt Disney Company and 21st Century Fox .
According to the regulatory body, the process is unlikely to affect economic competition and free competition, according to a statement.
The companies announced in mid-2018 the acquisition by Disney of 100% of the share capital of Fox ; this includes film and television studios, regional cable and sports entertainment channels , as well as international television businesses.
In the statement, the Cofece noted that, with the transfer by Disney of its participation in Walt Disney Studios Sony Pictures Releasing of Mexico in favor of Sony Pictures would eliminate any possible risk to the competition that the transaction could imply in the market of movie distribution.
On Monday, the regulatory body noted that there were no effects on competition due to the merger. "The commissioners determined that, for what they do to the markets that they had to analyze (movies, DVDs and marketing) they found no reason to worry about the possible damages to the competition derived from this merger, for which they would have already given their approval. "Indicated the Cofece.
The Federal Commission of Economic Competition (Cofece) unanimouslyauthorizedthis Wednesday the merger between The Walt Disney Company and 21st Century Fox .
According to the regulatory body, the process is unlikely to affect economic competition and free competition, according to a statement.
The companies announced in mid-2018 the acquisition by Disney of 100% of the share capital of Fox ; this includes film and television studios, regional cable and sports entertainment channels , as well as international television businesses.
In the statement, the Cofece noted that, with the transfer by Disney of its participation in Walt Disney Studios Sony Pictures Releasing of Mexico in favor of Sony Pictures would eliminate any possible risk to the competition that the transaction could imply in the market of movie distribution.
On Monday, the regulatory body noted that there were no effects on competition due to the merger. "The commissioners determined that, for what they do to the markets that they had to analyze (movies, DVDs and marketing) they found no reason to worry about the possible damages to the competition derived from this merger, for which they would have already given their approval. "Indicated the Cofece.
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