EU Repeats Concern Over Microsoft's Telewest Buy

Published: 30 May 2000 y., Tuesday
A statement of objections is a legal document setting out the EU antitrust watchdog's competition concerns and asking the companies involved to offer concessions to address them. Microsoft has requested a hearing to put across its arguments why the deal should be cleared. European Competition Commissioner Mario Monti said on March 22 that he had opened a four-month probe into Microsoft's plan, highlighting concerns about reduced competition in various areas of the digital cable industry. He said there were concerns in particular about the provision of software for digital set-top boxes in Britain and its impact for the choice of British cable subscribers. Monti also said he was worried the deal would strengthen Telewest's existing position as an exclusive supplier of cable services to customers within its franchise area, and undertakings already offered by the companies had been insufficient to ease these concerns. Telewest, which does not currently use Microsoft technology in its set-top boxes, said it welcomed Microsoft as a potential shareholder. The investigation comes as Microsoft faces the possibility of being split up after being found guilty in the United States of breaking antitrust laws.
Šaltinis: zdii.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Finnish Started Business with 2 Lithuanian Print Houses

One of the biggest Finnish introducing broker companies Finnprinters, connecting customers and printing houses, has started joint business projects with Lithuania’s 2 printing houses. more »

In I quarter 2009, based on the labour force survey data, theunemployment rate in the country reached 11.9 per cent

Statistics Lithuania informs that, based on the Labour Force Survey (LFS) data, the unemployment rate in I quarter 2009 reached 11.9 per cent, i.e. was close to the level of the year 2004. Over a quarter, the unemployment rate grew 1.5 times, over a year – 2.4 times. more »

Lithuania's foreign minister encourages to unite efforts for a swifter implementation of the Rail Baltica project

Lithuania’s Acting Minister of Foreign Affairs Vygaudas Ušackas discussed ways of accelerating the implementation of Rail Baltica in the current economic environment and attracting foreign investments for the implementation of this project. more »

Gearing up for gas emergencies

Proposals for transparency and monitoring to keep gas flowing to the EU. more »

Another economic stimulus?

On a day in which G8 leaders in Italy said the world economy still faces "significant risks," a top White House official said the Obama administration is not discussing a second stimulus plan. more »

Microfinance for Europe's unemployed

EU proposes microfinance facility to encourage the unemployed to start their own businesses. more »

Wonky fruit & vegetables make a comeback!

For those of you who like your fruit and vegetables to look as crooked, knobbly and curvy as possible 1 July was a good day. more »

Disney eyes Hong Kong expansion

Walt Disney will invest almost half a billion U.S. dollars into its Hong Kong Disneyland, to bolster the park's prospects against a planned rival in Shanghai. more »

For the first time in Lithuania two investment funds are merged

On 26 June 2009 Securities Commission (SC) approved the merge of investment funds controlled by UAB SNORAS Asset Management with SNORAS Global Equity Funds of Funds (SGEFF) by joining JT Baltic Equity Fund I. more »

DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers. more »