Major outdoor operator mergers cleared by ACCC
Major consolidation in the outdoor media industry is set to go ahead, with the Australian Competition and Consumer Commission (ACCC) clearing the merger of APN Outdoor and JC Decaux as well as Ooh Media and Adshel.
In an announcement is morning, the ACCC said it would not oppose either acquisition.
ACCC chair Rod Sims announced the out of home mergers were acceptable to the competition regulator
Chairman Rod Sims said the transactions between all business operate predominantly in “complementary segments”.
