As regards pay-television and related services, the proposed transaction only leads to limited and insignificant horizontal overlaps in the markets for the production and supply of TV programming and the wholesale supply of pay-TV channels to pay-TV operators. Moreover, the proposed operation does not alter the parties' market shares on the national markets for retail distribution of pay-TV channels to the final consumer or for TV distribution infrastructure since Liberty operates only in the United Kingdom and Ireland where UPC has no presence.
De plus, l'opération envisagée ne modifie pas les parts de marché des parties sur les marchés nationaux de la distribution au détail de chaînes de télévision payante au consommateur final ou des infrastructures de télédistribution, car Liberty n'opère qu'au Royaume-Uni et en Irlande, pays dans lesquels UPC est absente.