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News: NWS ACCC updates on proposed acquisition of The Sunday Times and perthnow.com.au from News...

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    Aug 4 (Reuters) - Australian Competition and Consumer Commission:

    • Axx: accc invites feedback on SWM's proposed acquisition
    • Accc-has released a statement of issues on the proposed acquisition of the Sunday times and perthnow.com.au from News Corporation by West Australian Newspapers
    • Accc - accc is investigating the impact this would have on two distinct groups, readers and advertisers
    • Accc-proposed acquisition would combine two highest-circulating western Australian print newspapers and related online News sites
    • Accc-expects to announce its final decision on 15 September 2016.
    • Accc - accc is also seeking to understand whether advertising opportunities on other media platforms will constrain wan's print advertising pricing
    • Accc-number of advertisers have also raised concern about loss of competition for advertising opportunities in the print newspapers
    • Accc- is seeking to understand whether competitive tension between wan and News is a key factor in maintaining quality and diversity of content for readers

 
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