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4 months ago
BRIEF-ACCC releases statement of issues on APN Outdoor and oOh!Media merger
May 4, 2017 / 12:09 AM / 4 months ago

BRIEF-ACCC releases statement of issues on APN Outdoor and oOh!Media merger

May 4 (Reuters) - Australian Competition and Consumer Commission:

* Releases statement of issues on proposed merger between APN Outdoor Group Limited and oOh!Media Limited

* ACCC's final decision is due on 6 July 2017

* Preliminary view is that merger is likely to substantially lessen competition in out-of-home advertising market

* Merger may damage interests of site owners, who rely on competition between APN Outdoor and oOh!Media to obtain maximum rent for their sites Source text for Eikon: Further company coverage:

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