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
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