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