The Australian Communications and Media Authority notes the release today by the Australian Competition and Consumer Commission (the ACCC) of a Statement of Issues concerning competition issues arising under section 50 of the Competition and Consumer Act 2010 from the proposed acquisitions between Foxtel Management Pty Ltd (Foxtel) and Ten Network Holdings Ltd (Ten).
For its part, the ACMA is currently assessing whether the proposed arrangements between Foxtel and Ten are consistent with the media diversity and control rules prescribed in the Broadcasting Services Act 1992.
In doing so, the ACMA is considering, amongst other things, whether as a result of the proposed transaction, any person will be in a position to exercise control of:
- a commercial radio broadcasting licence; and
- a commercial television broadcasting licence; and
- a newspaper, associated with the same radio licence area.
Information about the media ownership and control rules is available here.
As the ACMA’s assessment is still on-going, the ACMA has no further comment to make at this stage.
Emma Rossi, Media Manager, (02) 9334 7719, 0434 652 063 or email@example.com.
MR47/2015 - 14 September