The OFT has cleared the Daily Mail General Trust’s acquisition of The Topper. Although the deal creates a high combined market share for local Nottingham newspapers (the Daily Mail General Trust publishes The Nottingham Post), the OFT found that the acquisition will not substantially lessen competition. Other competitive restraints remain in place that would protect advertisers from price increases in ad space, such as the ability for advertisers to compare prices, or the alternatives of online advertising and self-supplied advertisements.
The OFT also noted that the newspaper market is two-sided: advertisers and readers provide competitive constraints in the form of indirect network effects.
Full content: OFT Press Release
Related content: Price Signals in Two-Sided Markets (Joshua Gans, University of Melbourne)
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Walmart Withdraws and Refiles Antitrust Review Application for Vizio Acquisition
Mar 28, 2024 by
CPI
Apple Prevails in Dismissal of Crypto-Payment Antitrust Lawsuit
Mar 27, 2024 by
CPI
Amazon Fined in Poland for Misleading Customers
Mar 27, 2024 by
CPI
Credit Card Rewards Under Threat as Visa, Mastercard Settlement Impacts Swipe Fees
Mar 27, 2024 by
CPI
UK Fashion Giants Commit to Honest Environmental Claims
Mar 27, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI