NZME-Fairfax says lack of submissions from advertisers shows merger concerns misplaced

Tue, 02 Aug 2016

By Jonathan Underhill Aug. 2 (BusinessDesk) - Fairfax Media and NZME's response to submissions on their merger proposal says the lack of opposition from advertisers indicates a competitive advertising market will remain if the two media groups are allowed to combine. The Commerce Commission received 50 submissions on the merger application, although Fairfax/NZME says this can be whittled down to 40 "once duplicated submissions from a single person/economic entity are removed", which was "a low number" for a high-profile transaction. T...

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