The UK’s competition watchdog has begun to investigate the Daily Mail and General Trust’s acquisition of the i newspaper.
DMGT, which owns the Mail and Metro titles, bought JPI Media Publications – the national arm of the company that does not include any of JPI’s regional titles, in a £49.6 million (US$ million) deal last week.
The Competition Markets Authority stated Friday it “is investigating the completed acquisition” and revealed it has served an initial enforcement order, also known as a “hold separate” order, on DMGT and its publishing arm DMG Media under the Enterprise Act 2002.
The order, the full text of which will be published in the coming days, prevents the i from being integrated into DMGT until the CMA’s investigations are complete.
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