Polish Regulator Imposes PLN9.9m Fine on Cyfrowy’s TV Unit

December 28, 2023, 10:52 AM UTC

Polish consumer protection and antitrust watchdog UOKiK imposes fine on Cyfrowy Polsat’s television unit for misleading participants of lottery organized during New Year’s Eve in 2021, watchdog says on website.

  • Watchdog says Polsat TV misled viewers by saying that it was enough to send one paid text message to participate in the lottery, while in fact it required additional messaging later
  • Broadcaster may appeal regulator’s decision
  • NOTE: Cyfrowy shares are the worst performers in Warsaw’s WIG20 index, dropping 1.3% as of 11:49am on Thursday; YTD -29%

To contact the reporter on this story:
Konrad Krasuski in Warsaw ...

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