Monday, August 08, 2011

Sharing the presses ... part 2

New reports in the Oz that News and Fairfax are close to a JV for printing newspapers, this time in the . Last time I commented on the story it also came from there - are they trying to put external pressure on Fairfax to do the deal?

As I said before it does raise competition concerns and would be an acquisition under s50. If the ACCC can have concerns about a merger between FOXTEL and AUSTAR one can expect them to be more worried about a print sharing deal.

The challenge is that both transactions clearly do increase "efficiency".

Novae Meridianae Demetae Dexter delenda est

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