CMA to probe DMGT's acquisition of i newspaper
The Competition and Markets Authority said on Wednesday that it will look into whether Daily Mail & General Trust’s acquisition of the i newspaper from JPI Media will lessen competition.
Daily Mail and General Trust A (Non.V)
270.00p
16:40 07/01/22
-0.92%
-2.50p
Media
13,102.52
16:09 10/01/25
-0.25%
-33.40
The competition watchdog said it was considering whether the completed £49.6m acquisition, which was announced in November, will lead to a "substantial lessening of competition" in the UK.
Interested parties now have until 5 February to submit comments on the matter.
At 1015 GMT, DMGT shares were down 0.1% at 837p.