Regulator may drop most charges against Canal Plus

Franceís competition regulator may drop most of the accusations against Canal Plus following a recommendation by head regulator Virginie Beaumeunier, French newspaper La Tribune reported.

The authority is likely to accept Beaumenunierís recommendation not to challenge agreements made when Canal Plus bought rival pay-TV company TPS in 2006. This would greatly reduce Canal Plusís potential liability to fines, according to the newspaper.

Canal Plus is still being investigated and could be fined over claims it has not respected commitments made at the time of the purchase.