Nine-Fairfax news quality is key: ACCC

Original article by John McDuling
The Age – Page: 9 : 31-Jul-18

Australian Competition & Consumer Commission chairman Rod Sims says the ACCC will be closely examining the proposed $4 billion merger between Nine Entertainment and Fairfax Media. Although media diversity comes under the auspice of the Australian Communications & Media Authority, Sims says the ACCC could take action against the deal if it felt it could lead to a reduction in the quality of news being provided post-merger. He said the ACCC would allow itself 12 weeks to study the merger once it gets submissions from the "merger parties".

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC FAIRFAX MEDIA LIMITED – ASX FXJ AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA STAN ENTERTAINMENT PTY LTD 3AW SOUTHERN CROSS RADIO PTY LTD 2GB 6PR SOUTHERN CROSS RADIO PTY LTD

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