Merger in the broadcasting tower sector

Lear advised a major national broadcast tower company in the notification to the Italian Competition Authority of the acquisition of another national broadcast tower company in a complex “merger to monopoly” case. Lear’s economists presented the efficiencies that would be brought about by the merger and illustrated the market mechanisms that would ensure these efficiencies be passed-on to consumers. The advisory activity also encompassed a review of current market structure, recent evolution as well as regulatory and para-regulatory measures in the broadcasting tower sector and in downstream markets across European countries. Lear’s economists also helped in designing the remedies proposed to the Italian Competition Authority.