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News: FXJ ACCC Says It Will Not Oppose Proposed Merger Between Nine Entertainment And Fairfax Media

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    08/11/18
    11:40
    Post #: 36431035

    Nov 8 (Reuters) - ACCC-

    • WILL NOT OPPOSE PROPOSED MERGER BETWEEN NINE ENTERTAINMENT AND FAIRFAX MEDIA
    • PROPOSED MERGER WAS NOT LIKELY TO SUBSTANTIALLY LESSEN COMPETITION IN ANY MARKET IN BREACH OF COMPETITION AND CONSUMER ACT
    • FOUND THAT NINE'S TELEVISION OPERATIONS AND FAIRFAX'S MAIN MEDIA ASSETS GENERALLY DO NOT COMPETE CLOSELY WITH EACH OTHER
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