March 12, 2020 / 2:15 PM / 2 months ago

BRIEF-UK's CMA Says It Found Competition Concerns In Relation To The Future Viability Of FRS

March 12 (Reuters) - Bauer AG:

* UK’S CMA - FOUND COMPETITION CONCERNS IN RELATION TO THE FUTURE VIABILITY OF FRS, WHICH IS NOW JOINTLY OWNED BY BAUER

* UK’S CMA SAYS BAUER NOT REQUIRING TO SELL OFF THE RADIO STATIONS IT HAS BOUGHT

* UK’S CMA - BAUER SHOULD PROVIDE ADVERTISING REPRESENTATION TO INDEPENDENT RADIO STATIONS ON SAME TERMS STATIONS WERE GETTING FROM FRS, FOR 10 YRS Source text for Eikon: Further company coverage:

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