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Australia: ACCC green lights radio merger

By  |  March 1, 2015

The merger of Macquarie Radio Network and Fairfax Media’s radio business is one step closer after the national competition regulator gave the green light to the proposed venture.

The ACCC said on Friday that it wouldn’t oppose the merger as the combined business would “continue to face strong competition from other commercial radio stations”.

“The ACCC considered the effect of the proposed transaction on the price of radio advertising, as well as the quality of news and other content provided to audiences,” ACCC chairman Rod Sims said.

 

Full Content: Yahoo! News

 

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