ACCC says it will not oppose Fairfax-Macquarie Radio merger
The consumer watchdog has announced it will not oppose the proposed merger between the two biggest talkback radio groups in the country, Fairfax Radio and Macquarie Radio after conducting an investigation into the proposal.
After conducting market consultation with key stakeholders, the Australian Competition and Consumer Commission (ACCC) today announced it will not oppose the merger of Macquarie Radio Network’s Radio 2GB with the broader Fairfax Radio network.
The ACCC determined the combined Macquarie/Fairfax radio business would continue to face strong competition from other commercial radio stations.
In a statement ACCC chairman Rod Sims said: “The ACCC considered the effect of the proposed transaction on the price of radio advertising, as well as the quality of news and other content provided to audiences.”
Always though the ACC wouldn’t oppose the Merge between MacQuarie Radio Network & Fairfax Radio Network Other Commercial Radio Networks may well lose their talent t MacQaurie Radio Network/Fairfax Radio Netwrk