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The FCA today decided to continue probe in a merger whereby Alma Media Plc intends to purchase Talentum Plc by a public bid. The parties to the deal publish several newspapers and magazines in Finland and sell advertising space both to the newspapers they publish and the websites thereof. The parties also offer job advertising space e.g. in their own electronic services. Via the merger, the Finnish newspaper Kauppalehti and the magazines Talouselämä and Tekniikka & Talous will become part of the same group.
It will be examined during the State II proceedings whether the transaction shall result in the creation or strengthening of a dominant position which significantly prevents competition in the news reader or advertising space markets. A more detailed investigation will also be made regarding job advertising.
During Stage II, the FCA may approve the deal as such, impose conditions upon its approval or propose that the Market Court prohibit the deal. Under the Act on Competition Restrictions, the further proceedings may last a maximum of three months.
Further information:
Head of Research Leena Lindberg, tel. +358 9 7314 3374
Senior Research Officer Hanna Kaiponen, tel. +358 9 7314 3620
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