ACCC expresses initial concerns about PMP and IPMG proposed merger

Original article by
The Australian Competition & Consumer Commission – Page: online : 22-Dec-16

The Australian Competition & Consumer Commission (ACCC) is concerned that the proposed merger between PMP and IPMG may "substantially lessen" competition in the supply of heatset web offset printing. The ACCC expressed its concerns in a Statement of Issues, released on 22 December 2016. ACCC chairman Rod Sims notes that the merger would result in a reduction in the number of significant suppliers in the sector of catalogue and magazine printing from three to two. The final decision is expected to be made on 23 February 2017.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, PMP LIMITED – ASX PMP, THE INDEPENDENT PRINT MEDIA GROUP PTY LTD, IVE GROUP LIMITED – ASX IGL, THE FRANKLIN PRESS PTY LTD, AIW PRINTING PTY LTD

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