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Media
Competition Commission issues statement on Global’s Real Smooth takeover
By CMU Editorial | Published on Friday 23 November 2012
The UK Competition Commission has published a ‘Statement Of Issues’ regards Global Radio’s bid to buy the Real and Smooth radio networks, previously owned by the Guardian Media Group. The document outlines some of the issues the Commission will be considering, including the impact the merger of Global and GMG Radio will have on commercial radio trade body RadioCentre, the digital radio networks, and the radio advertising market.
The statement says: “The focus of our inquiry is likely to be the potential effect of the acquisition on competition for advertising. We note, however, that this is linked to competition for listeners because the number of listeners to a particular radio station is an important factor in its attractiveness to advertisers. We will also consider any potential effects on listeners”.
Comments from affected stakeholders are being welcomed until 10 Dec, with the Commission hoping to publish its decision by 27 Mar.
