The Belgian competition agency will examine Telenet’s bid for publisher De Vijver Media because of the potential impact of the deal on the local market, the European Commission said.
The EC referred the deal to the Belgian Competition Authority because of potential impact on the local market.
Liberty Global’s Telenet planed to operate an advertising joint venture with Corelio’s Mediahuis by buying shares it doesn’t own in De Vijver. It received clearance to take a 50% stake in De Vivjer in 2015.
De Vijver Media broadcasts Dutch-language free-to-air TV channels Vier, Vijf and Zes and produces TV content and sells advertising space on several TV channels.