Acquirer(s)

  • Fairfax Media Limited

Target(s)

  • Rural Press Limited

Summary

Competition analysis

For a detailed competition assessment, please refer to attached Public Competition Assessment.
In December 2007, Fairfax divested the Newcastle and Lake Macquarie Post and The Hunter Post to Camillaro Pty Ltd, Con Constantine and Nicky Constantine in accordance with Fairfax's s87B undertaking of 18 April 2007.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines. Review suspended pending receipt of submission from merger parties.

Submission received from merger parties. ACCC review recommenced.

Closing date for submissions from interested parties.

Draft 87B undertaking proffered by Fairfax. ACCC commenced market consultations on the proposed undertaking.

Closing date for submissions relating to draft 87B undertaking.

87B undertaking accepted by ACCC.

ACCC announced it would not oppose the proposed acquisition, subject to undertakings.

Fairfax agreed to fulfill additional obligations following concerns raised by the ACCC about compliance with its 87B undertaking.