ACCC to look at online rivals if magazines join

Original article by Jake Mitchell
The Australian – Page: 21 : 30-Nov-16

The Australian Competition & Consumer Commission could be expected to closely scrutinise any move by Bauer Media to acquire Pacific Magazines. ACCC chairman Rod Sims says that as yet neither group has sought advice from the regulator with regard to competition issues. Sims adds that the ACCC would consider factors such as competition from online magazines in deciding to approve a merger between the nation’s two largest magazine publishers.

CORPORATES
BAUER MEDIA AUSTRALIA PTY LTD, PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, ACP MAGAZINES LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

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