ACCC: No objections to the Nine and Fairfax merger
The Australian Competition and Consumer Commission has no objections to the proposed Nine and Fairfax Media merger, it announced this morning.
In August, ACCC chairman Rod Sims said the watchdog would conduct a “thorough” review and would draw on insights from the digital platforms inquiry, when deciding on whether or not to approve Nine’s merger – or takeover – of Fairfax Media.
Nine and Fairfax Media have passed the first hurdle
“With the growth in online news, however, many other players, albeit smaller, now provide some degree of competitive constraint. These include, for example, The Guardian, The New Daily, Buzzfeed, Crikey and THE DAILY MAIL.”
Rod Sims doesn’t watch Media Watch, does he?