NewzThe Spanish National Markets and Competition Commission (CNMC) has officially authorized Atresmedia's acquisition of Clear Channel Spain. The approval is conditional, requiring Atresmedia to maintain independent commercialization of outdoor advertising services to ensure market competition.
This regulatory decision allows Atresmedia to expand its media portfolio into the outdoor advertising sector. By imposing these specific commitments, the commission aims to mitigate potential anti-competitive effects arising from the merger of the two companies' advertising operations.
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