ACCC flags competition concerns in Bauer’s $40M takeover of Pacific Magazines

ACCC 2019-12-19 2:08 pm By Cat Fredenburgh | Melbourne

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The Australian Competition and Consumer Commission has raised preliminary competition concerns about Bauer Media’s planned $40 million acquisition of Pacific Magazines, a deal that would combine Australia’s two largest magazine publishers, saying competition needs to be preserved even in declining markets.

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