Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is easy.

Advertisement
Advertisement
Advertisement

Competition watchdog approves multibillion-dollar Nine and Fairfax merger

Article image for Competition watchdog approves multibillion-dollar Nine and Fairfax merger

Australia’s competition watchdog has signalled it may NOT approve other big media mergers, after giving the green light to a multibillion-dollar deal.

The ACCC has approved a $4-billion deal between Nine Entertainment and Fairfax Media (Macquarie Radio’s majority shareholder), with another big merger expected between Channel 7 and News Corp.

But ACCC Chairman Rod Sims says that would raise other questions.

He says the Nine and Fairfax merger isn’t likely to substantially lessen competition in any market.

Speaking with Ross Greenwood, Mr Sims says it’s “a much more dynamic market” now.

The deal will now go to shareholders.

Click PLAY below to hear the full interview

Advertisement