Aussie Regulator Says Media Merger Poses Antitrust Risks

Law360, New York (September 13, 2012, 1:02 PM EDT) -- Australia's competition overseer warned Thursday that a proposed merger between the owners of the country's most popular free-to-air TV network and a premium sports network could allow the pair unfair leverage in bidding for broadcast rights.

In a statement of issues, the Australia Competition & Consumer Commission said the acquisition proposed by Seven Group Holdings Ltd., which owns a piece of Australia's free-to-air channel Seven Network, of Consolidated Media Holdings Ltd., which has a significant stake in Fox Sports Australia, could have an adverse affect on...
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