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 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 from competition such as being granted exclusive rights to offer a particular service in a specific region (e.g. patented inventions) while agreeing to have their policies and prices regulated. This type of monopoly is usually contrasted with ""de facto" monopoly" which is a broad category for monopolies that are not