- Ten Network Holdings Ltd
SummaryFoxtel proposed to acquire up to 15% of Ten while Ten proposed to acquire a 24.99% stake in Multi Channel Network (MCN, a supplier of advertising opportunities on subscription television channels). Ten also had an option to acquire 10% of Presto TV, a joint venture between Foxtel and Seven West Media.
Market definitionPlease refer to the Public Competition Assessment.
Competition analysisPlease refer to the Public Competition Assessment.
Statement of issues
|25/06/2015||ACCC commenced review under the Merger Process Guidelines.|
|24/07/2015||Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.|
|09/09/2015||Former proposed decision date of 10 September 2015 delayed by ACCC to allow additional time to consider the proposed acquisitions.|
|14/09/2015||ACCC published a Statement of Issues outlining preliminary competition concerns.|
|28/09/2015||Closing date for submissions relating to Statement of Issues.|
|22/10/2015||ACCC announced it would not oppose the proposed acquisition.|