Competition regulator gives green light to Nine-Fairfax merger

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The competition regulator will not stand in the way of Nine Entertainment Co and Fairfax Media's proposed merger to form a cross-platform media company

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Fairfax shareholders agree to Nine Entertainment merger | Sky News AustraliaFairfax shareholders have voted in favour of the proposed $4 billion merger with Nine Entertainment. \n\nMore than 81 per cent of shareholders approved the plans, with the companies set to merge by the end of the year.\n\nFormer Domain CEO Antony Catalano attempted to save the Fairfax Media brand at the eleventh hour but was ultimately unsuccessful. \n\n\n\n Two entities that are past their use-by date join forces. Good Lord.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

ACCC won’t oppose Nine-Fairfax mergerAustralia’s competition watchdog will not oppose Nine Entertainment and Fairfax Media’s proposed merger, in a move welcomed by Nine’s CEO. 9News Merge those propaganda machines control the world with bullshit.... Of course they wont, paid off. Now you've really sank below the level we don't want to hear Rubert Mordoch media
Source: 9NewsAUS - 🏆 10. / 72 Read more »

ACCC will not oppose Fairfax-Nine mergerThe competition watchdog has announced it will not oppose Nine's proposed takeover of newspaper publisher Fairfax. There goes Fairfax. Nine has all the scruples of a dodgy car salesman with a smack habit. Semantic somersault in ACCC report: 'While the merger ....... will likely reduce competition, .......was not likely to substantially lessen competition'. Imagine in the petrol retail market one big brand would swallow another. What would ACCC then do? Gutless& in LNP/IPA pockets!
Source: abcnews - 🏆 5. / 83 Read more »

ACCC will not oppose Nine-Fairfax merger | Sky News AustraliaThe Australian Competition and Consumer Commission (ACCC) has confirmed it will not oppose the merger between Nine Entertainment and Fairfax Media.\n\nAfter reviewing more than 1000 submissions, the ACCC found the proposed merger would 'not likely to substantially lessen competition in any market in breach of the Competition and Consumer Act' .\n\n\n\n\n Who cares about this deal I have said it many times Fairfax newspapers only have a couple of more years to survive and they know it auspol Yessss brainwashing under one master! Splendid....
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Nine-Fairfax merger will 'poison quality journalism': Keating | Sky News AustraliaFormer prime minister Paul Keating says the ACCC’s approval of the Nine-Fairfax merger is a ‘truly appalling decision’, The Australian reports.\n\nFairfax Media and Nine Entertainment are set to officially become one company in December, after the Australian Competition and Consumer Commission ruled on Thursday the $4 billion merger could go ahead.\n\nMr Keating says the move will ‘poison quality journalism’.\n\n\n\n\n\n\n australian australian Fairfax is gone only the journalists won’t admit it. MSMWatchdog2013 australian Australians getting there moneys worth with the ACCC not useless
Source: SkyNewsAust - 🏆 7. / 78 Read more »