A PYMNTS Company

OFT declines to conduct update review of newspaper and magazine distribution sector

By  |  March 1, 2012

The OFT has announced that it will not be conducting an update review of the newspaper and magazine distribution sector. A prioritization assessment and consultation with trade bodies and companies has led to the OFT to conclude that since its last review, prices of newspapers and magazines have declined, the number of retailers has remained stable, and the availability of newspapers and magazines has improved. The sector has also taken steps toward self-regulation, such as establishing the Press Distribution Charter.

Source: OFT Press Release

 

Related Content: The OFT Discussion Paper – Private Actions In Competition Law: Effective Redress For Consumers And Businesses (Emanuela Lecchi, Watson, Farley & Williams)