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Competition regulator investigating Bauer’s recent flurry of acquisitions
By Chris Cooke | Published on Monday 18 March 2019
The Competition & Markets Authority is investigating Bauer Media’s recent flurry of local radio acquisitions, which will significantly boost the media firm’s portfolio of local radio stations around the UK.
The competition regulator confirmed last week that it is now looking into the most recent of those purchases, of the UKRD company. An investigation into the acquisitions of Celador Radio, Lincs FM Group and the local stations of the Wireless Group was already underway. It means those four businesses will remain standalone concerns until the CMA’s investigations are complete.
Bauer tells Radio Today that “this is a standard procedural step and [we are] co-operating fully with the CMA”.
The regulator will be looking into whether any of the acquisitions gives Bauer too much dominance in any one region, in particular regarding the local advertising market.
