Competition Commission approves Tamedia's entry into 20 Minuten
Media Consolidation: The Competition Commission (Weko) has approved the acquisition of 20 Minuten (Switzerland) AG by the Zurich-based media company Tamedia.
Press concentration The Competition Commission (ComCo) approves the takeover of 20 Minuten (Schweiz) AG by the Zurich-based media company Tamedia.press concentration The Competition Commission (ComCo) approves the takeover of 20 Minuten (Schweiz) AG by the Zurich-based media company Tamedia.
Tamedia. No decision has yet been made regarding the participation of Berner Zeitung (BZ). Tamedia and BZ want to acquire 20 Minuten jointly via Express Zeitung AG. The Bern-based company is to acquire a 17.5 percent stake in Express Zeitung. In its preliminary examination, the Competition Commission found evidence of the creation or strengthening of dominant positions in the advertising and readership markets of Berne and Zurich. In the case of Zurich, these indications no longer existed in the in-depth review, writes the Competition Commission. In Bern, the planned minority shareholding of BZ parent company Espace Media Groupe in Bund Verlag requires a new assessment of the merger between BZ and 20 Minuten.
Tamedia. No decision has yet been made regarding the participation of Berner Zeitung (BZ). Tamedia and BZ want to acquire 20 Minuten jointly via Express Zeitung AG. The Bern-based company is to acquire a 17.5 percent stake in Express Zeitung. In its preliminary examination, the Competition Commission found evidence of the creation or strengthening of dominant positions in the advertising and readership markets of Berne and Zurich. In the case of Zurich, these indications no longer existed in the in-depth review, writes the Competition Commission. In Bern, the planned minority shareholding of BZ parent company Espace Media Groupe in Bund Verlag requires a new assessment of the merger between BZ and 20 Minuten.
