Undertaking date
Undertaking type
s.87B undertaking
Reference number
D99/11356
Section
s. 50
Company or individual details
-
Name
Village Roadshow LimitedACN
010 672 052
Undertaking
Proposed merger of radio networks. The Commission was of the view that certain aspects of the proposed merger, unless modified, may contravene s. 50 of the Trade Practices Act. To address the Commission's concerns Village and Austereo agreed to provide certain undertakings concerning:
- the access to the relevant radio transmission facilities (the 'access undertakings');
- the divestiture of radio station Gold 104FM Melbourne (the 'Melbourne divestiture undertakings'); and
- the divestiture of radio station 6MMM or the termination of the PMFM and KYFM arrangements (the 'Perth undertakings').
Note Austereo variation signed 07.06.95