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+
State monopoly State monopoly In economics, a government monopoly (or public monopoly) is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly created by the government. It is usually distinguished from a government-granted monopoly, where the government grants a monopoly to a private individual or company. A government monopoly may be run by any level of government - national, regional, local; for levels below the national, it is a local monopoly. The term state monopoly usually means a