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Europe Daily Bulletin No. 7760

17 July 2000
Contents Publication in full By article 24 / 40
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of SFX Entertainment by Clear Channel Communications

Brussels, 17/07/2000 (Agence Europe) - The European Commission authorised the American company Clear Channel, active in television and radio broadcasting as well as outdoor advertising, to take control of SFX Entertainment promoter, producer and venue operator for live entertainment as well as sports promoter, mostly in the United States. The Commission feels that there does no horizontal overlaps exist between the two companies activities. With regard to vertical integration, no link exists...

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