Cartel office approves sale of Berliner Zeitung
The Federal Cartel Office has approved the acquisition of the Berliner Zeitung by investors led by Veronis Suhler Stevenson International and Mecom.
The German Federal Cartel Office has approved the takeover of
Berliner Zeitung by the investors around Veronis Suhler Stevenson
International and Mecom. As the authority announced on Friday
the merger does not lead to the creation or establishment of
Strengthening of dominant market positions, according to a
Announcement on Handelsblatt.com. Affected are from
From a competition law perspective, the reader markets for subscription
daily newspapers, street vending newspapers and city magazines as well as the
Advertising market for newspapers in the Berlin area. The first sale
of a German publishing house to foreign financial investors had a strong
and protests from the editorial team, because a
Job cuts and the loss of journalistic quality
were feared.
Berliner Zeitung by the investors around Veronis Suhler Stevenson
International and Mecom. As the authority announced on Friday
the merger does not lead to the creation or establishment of
Strengthening of dominant market positions, according to a
Announcement on Handelsblatt.com. Affected are from
From a competition law perspective, the reader markets for subscription
daily newspapers, street vending newspapers and city magazines as well as the
Advertising market for newspapers in the Berlin area. The first sale
of a German publishing house to foreign financial investors had a strong
and protests from the editorial team, because a
Job cuts and the loss of journalistic quality
were feared.
