TV 2 Teglholmen (Photo TV 2)
Nordic Entertainment Group and TV 2 Danmark have today agreed a settlement relating to a claim for damages by NENT dating back to 2006.
The claim was filed against the government-owned channel by the then MTG following a 2005 ruling by the Danish Competition Council following concerns over TV advertisements broadcast between 2001 and 2010. It found that TV 2 Danmark’s use of the rebates constituted abuse of a dominant position.
The Council’s ruling was upheld by Denmark’s Supreme Court in 2011.
Anders Jensen, NENT Group President and CEO said: “We are pleased finally to conclude this very long process with an outcome that is financially positive for our company. It also serves as a strong message around the importance of fair competition, and is therefore positive for the broader Danish market.”
Today’s settlement has been reached after clarification of several fundamental legal issues.
