Bulgaria: Regulator blocks CEZ and Nova TV deals

Bulgaria’s anti-monopoly body has blocked two multimillion deals, saying the buyers might achieve market dominance through a concentration of ownership in both cases. In separate decisions published on Thursday, Bulgaria’s anti-monopoly body, the Commission on Protection of Competition (CPC), has prohibited the signing of two of the largest recent deals in the country.

CEZ signed a contract in February to sell a power distributor that provides electricity to more than three million Bulgarians, together with other assets in Bulgaria, to Inercom.

Full Content: Reuters

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