NEC 0.79% $1.26 nine entertainment co. holdings limited

News: NEC ACCC Says It Will Not Oppose Proposed Merger Between Nine Entertainment And Fairfax Media

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    Nov 8 (Reuters) - ACCC-

    • WILL NOT OPPOSE PROPOSED MERGER BETWEEN NINE ENTERTAINMENT AND FAIRFAX MEDIA
    • PROPOSED MERGER WAS NOT LIKELY TO SUBSTANTIALLY LESSEN COMPETITION IN ANY MARKET IN BREACH OF COMPETITION AND CONSUMER ACT
    • FOUND THAT NINE'S TELEVISION OPERATIONS AND FAIRFAX'S MAIN MEDIA ASSETS GENERALLY DO NOT COMPETE CLOSELY WITH EACH OTHER
 
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