Liberty Global announced its intention to acquire Kabel BW for €3.16 billion in March 2011. It has subsequently proposed concessions to the Federal Cartel Office to make the deal acceptable.
“The German Federal Cartel Office is concerned that a KBW-Unitymedia merger could potentially intensify Germany’s existing regional oligopoly of cable companies for delivering basic cable TV services to apartment blocks, or multi-dwelling units (MDUs), through housing associations,” notes ratings analyst Moody’s.
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