A PYMNTS Company

Clear Channel and JCDecaux voluntarily agree not to enforce certain clauses

 |  May 17, 2012

After receiving voluntary assurances from Clear Channel and JCDecaux, the U.K. Office of Fair Trading has closed its investigation into outdoor advertising. The companies have agreed not to enforce certain provisions contained in their street furniture advertising contracts with Local Authorities. The assurances will make it easier for rivals to compete for advertising.

Clear Channel and JCDecaux will not enforce exclusivity clauses for advertising on different types of street furniture in locations more than 25 meters from existing sites, nor will they enforce tacit renewal clauses. Furthermore, the companies have agreed not to proactively seek extensions, instead letting contracts go out to tender.

Full content: OFT Press Release


Related contentSelf-Assessment of Agreements under Article 81 EC: Is There a Need for More Commission Guidance?


Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.