Case details

Merger control

Case reference

Ccent/2022/4 - Bauer Media Audio / MCR

Acquiring

Bauer Media Audio Holding GmbH

Description

Fully owned by Heinrich Bauer Verlag Beteiligungs GmbH. It is currently the leading commercial and digital radio broadcaster in Europe, through broadcasting, online radio and podcasts. Bauer is present in eight European countries through several leading radio brands in the respective countries. Bauer is not present in Portugal.

Acquired

MCR II - Média Capital Rádios, S.A.

Description

Owned by MEGLO - Media Global, SGPS, S.A. which, in turn, is owned by the Media Capital Group. MCR represents the main radio group operating in Portugal and currently owns 5 radio brands, namely Cidade FM, M80, Rádio Comercial, Smooth FM and Vodafone FM. MCR also has a strong presence in the digital radio universe, with 30 online radio stations and more than 60 podcasts.

Sector

Telecommunications & Media

Activity (NACE)

J6010 - Radio activities

Applicable legislation

Art. 37(1)(a) (Law 19)

Notification thresholds

Market Share threshold

Type of merger

Conglomerate

Cooperation with sector regulators

ANACOM - Portuguese Communications Authority
ERC - Portuguese Regulatory Authority for the Media

Status

Closed

Type of Investigation

Phase 1

AdC’s decision

Non-opposition

Case description

The notified concentration consists of the acquisition of sole control over MCR II - Media Capital Rádios, S.A. by Bauer Media Audio Holding GmbH.

Timeline

2022-03-08

The AdC issued a non-opposition decision to the merger 4/2022 - Bauer Media Audio / MCR.

2022-02-18

The Bauer Media Audio notifies the acquisition of sole control over MCR II - Media Capital Rádios.

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Case details