Merger Notification - Announcement according to § 10 Cartel Act

Discovery, Inc.; WarnerMedia, LLC - BWB/Z-5766 | Bundeswettbewerbsbehörde

Discovery, Inc.; WarnerMedia, LLC



On 18.11.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Discovery, Inc., USA, intends to acquire sole control of the business, operations, assets and

liabilities that constitute the WarnerMedia segment of AT&T Inc., USA.

Economic Sector: Television programming and broadcasting activities; Motion picture, video and television programme activities

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.12.2021.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 17.12.2021 .

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