Macquarie Media Group - proposed acquisition of certain regional radio assets owned by Fairfax Media Limited

Status: 
Completed
Outcome: 
Not opposed subject to undertakings on 17 October 2007
Reference number: 
28968
Industry: 
Media
Commenced: 
23 July 2007
Total review days: 
62 days

Acquirer(s)

  • Macquarie Media Group

Target(s)

  • Fairfax Media Limited

Summary

Market definition

Please refer to the detailed Public Competition Assessment below.

Competition analysis

Please refer to the detailed Public Competition Assessment below.

Statement of issues

Document title Date
Statement of Issues ( PDF 82.8 KB ) 13 Sep 2007

Public competition assessment

Document title Date
Public Competition Assessment ( PDF 202.22 KB ) 27 Nov 2007

Undertakings

Document title Date
Final 87B Undertakings ( PDF 2.42 MB ) 17 Oct 2007

Timeline

DateEvent
23/07/2007ACCC commenced review under the Merger Review Process Guidelines.
03/08/2007Closing date for submissions from interested parties.
13/09/2007ACCC released Statement of Issues in relation to proposed acquisition.
26/09/2007Closing date for submissions in response to Statement of Issues.
05/10/2007Draft undertakings put forward by Macquarie Media. Former proposed date of 10 October 2007 for announcement of ACCC's findings amended to 18 October 2007 to allow for market consultation.
11/10/2007Closing date for submissions relating to the draft 87B undertakings.
17/10/2007ACCC decided not to oppose the proposed transaction subject to the acceptance of court-enforceable undertakings.