The Swiss Competition Commission (WEKO) has approved the acquisition of telecommunications company Sunrise by Liberty Global’s subsidiary UPC.
After an in-depth examination, Swiss competition commission WEKO has decided to raise no objections against the acquisition of Liberty Global subsidiary UPC Switzerland by Sunrise and has approved the transaction.
Switzerland’s competition commission Weko could approve the takeover of cable operator UPC by telecommunications company Sunrise, but only under conditions.
Swiss competition authority WEKO will examine the planned takeover of Liberty Global’s cable subsidiary UPC by telecommunications company Sunrise in greater detail.
Swiss competition authority WEKO has imposed a CHF71.8 million (€64.6 million) fine against telco Swisscom for anti-competitive behaviour in the pay-TV sports rights business.
The Swiss Competition Commission (Weko) said Swisscom is misusing its dominant position by keeping coverage of the national football and ice hockey games exclusive to its own customers.