Movistar+ offer to acquire 295 million euros for 22% of Canal + in the hands of Mediaset Spain. On July 4, 2014, Mediaset Spain accepted the offer to purchase 22% of Canal + Telefónica. The April 22, 2015, the CNMC gave its approval to the sale of Canal + to Telefónica. After this, Canal + began the process of merger with Movistar TV the July 7, 2015, which resulted in Movistar +. After the merger, Telefónica retained Canal+'s VOD service, launched in 2011. It is available on Android, Apple devices, the web, Smart TV (Samsung and LG), PS3/PS4 and Xbox. Movistar+
Legal monopoly sometimes call the system a legal monopoly anyway. The creation of Sirius XM Radio by merger left the United States with only one licensed satellite radio broadcasting company. However, the United States Department of Justice decided that this was not harmful to competition, due to the presence of terrestrial broadcasters. Legal monopoly A legal monopoly, statutory monopoly, or "de jure" monopoly is a monopoly that is protected by law from competition. A statutory monopoly may take the form of a government monopoly where the state owns the particular means of production or government-granted monopoly where a private interest is protected