A PYMNTS Company

UK: Regulator probes Daily Mail group’s acquisition of i paper

 |  December 8, 2019

The UK’s competition watchdog has begun to investigate the Daily Mail and General Trust’s acquisition of the i newspaper.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    DMGT, which owns the Mail and Metro titles, bought JPI Media Publications – the national arm of the company that does not include any of JPI’s regional titles,  in a £49.6 million (US$ million) deal last week.

    The Competition Markets Authority stated Friday it “is investigating the completed acquisition” and revealed it has served an initial enforcement order, also known as a “hold separate” order, on DMGT and its publishing arm DMG Media under the Enterprise Act 2002.

    The order, the full text of which will be published in the coming days, prevents the i from being integrated into DMGT until the CMA’s investigations are complete.

    Full Content: Breaking News

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