A PYMNTS Company

Ireland: Competition watchdog investigates Reach’s takeover of Express Newspapers

 |  July 10, 2018

The Competition and Consumer Protection Commission of the Republic of Ireland (CCPC) announced that a preliminary investigation found further analysis would be needed to determine whether the proposed acquisition by Reach, formerly Trinity Mirror, would harm competition in the country.

The regulator is launching a Phase 2 investigation into Reach’s takeover of Richard Desmond’s Northern & Shell Media Group, which owns titles including the Daily Express and Daily Star.

The CCPC will make a final decision over whether to approve the deal by October 23 and will take submissions until July 24.

Full Content: Press Gazette

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.