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Image header Agence Europe
Europe Daily Bulletin No. 7952
Contents Publication in full By article 24 / 57
GENERAL NEWS / (eu) eu/competition

Commission clears Liberty Media's purchase of controlling stake in UnitedGlobalCommunications

Brussels, 25/04/2001 (Agence Europe) - The European Commission has authorised the American firm Liberty Media International Inc, specialised in the media, entertainment and technology sectors, to purchase a majority stake in UnitedGlobalCommunications Inc (United) and, from that, in United Pan-Europe Communications (UPC), a Dutch cable-distribution firm, subsidiary of the latter. The operation being planned raises no particular problems of competition on the telecommunications services and...

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