The OFT has cleared the acquisition by Bauer Radio Limited of TIML Golden Square Limited. The acquisition will add the Absolute radio brand to Bauer’s existing portfolio of commercial radio stations including Kiss and Magic. The OFT considered the impact of the transaction on the provision of airtime advertising (contracted and non-contracted) at a national level and in London, the provision of national sponsorship and promotions and the supply of multiplex services in London. It concluded that the transaction is unlikely to reduce competition in all these areas.
CRA Competition economists contribute to article-by-article commentary on the EU Foreign Subsidies Regulation
It gives the European Commission far-reaching powers to scrutinize financial contributions from non-EU governments to companies active in the EU, including in...