U.K. Broadcast Merger Comes Under Scrutiny

Law360, New York (August 9, 2007, 12:00 AM EDT) -- The merger of two broadcast transmission companies in the U.K. has caught the attention of the Office of Fair Trading, which has referred the case to competition authorities on the grounds that the deal may restrict competition in the industry.

The OFT said on Wednesday that it had referred the acquisition of National Grid Wireless Group by Macquarie UK Broadcast Ventures Limited to the U.K. Competition Commission amid concerns that allowing the country's only two terrestrial broadcasting companies to merge would severely limit competition in the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.