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Inquiry into the proposed merger of Granada Plc & Carlton Communications Plc.

Publication: M2 Presswire
Publication Date: 30-APR-03
Format: Online - approximately 1110 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 April 2003-UK Government: Inquiry into the proposed merger of Granada Plc & Carlton Communications Plc(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:04302003

Statement of Issues and Hypothetical Remedies The Competition Commission has sent issues letters, to Granada and Carlton, as part of its inquiry into their proposed merger. The letters also list some hypothetical remedies.

Such letters are always sent before the Commission has reached any conclusions and are designed to highlight matters that have been identified for further consideration. This statement is being made public to give interested parties the opportunity to bring to the Commission's attention, in the next two weeks, any further points that they wish to raise. The Commission has reached no conclusions about whether any matters operate or may be expected to operate against the public interest and will not do so until after it has discussed these issues with the parties concerned.

The issues that the Commission intends to consider are:

a) The appropriate definition of the economic markets affected...

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