Formal ACCC probe of Nine deal urged

Original article by Darren Davidson
The Australian – Page: 19 : 13-Aug-18

Media, Entertainment & Arts Alliance CEO Paul Murphy says the proposed merger between Nine Entertainment Company and Fairfax Media should be subject to a formal review by the competition regulator. He argues that an informal review is insufficient given the impact that the merger would have on the media sector. The MEAA’s media president Marcus Strom in turn says Nine and Fairfax should be required to submit detailed information on the merger’s impact on consumers and employees of the two companies.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MACQUARIE MEDIA LIMITED – ASX MRN, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, STAN ENTERTAINMENT PTY LTD

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