The Fiscalia Nacional Economica (FNE), entity in charge of defending and promoting free competition in markets or productive areas of Chilean economy, has announced on Monday, July 5th, its decision to approve the sale of 100% of the FTA TV channel Chilevision’s shares to ViacomCBS. The operation had been officially confirmed in early April. The [...]
Chilean National Economic Prosecutor’s Office (FNE) could decide in the coming days on the sale of Fox Sports in the country. On August 31st, 2018, Disney -represented by lawyer Claudio Lizana, and Fox by lawyer Ignacio Larraín-, provided information to the entity, suggesting that the operation does not represent risks to make free market competition [...]
Chilean newspaper La Tercera reported that Fox Sports Chile could be put on sale because ‘the order to get rid of assets in Brazil was coordinated by the Economic Defense Administrative Council (CADE) together with the National Economic Prosecutor’s Office (FNE of Chile)’ , which developed a legal process to analyze the scope of Disney-Fox [...]