Competition regulator blocks Friends Reunited sale

A good example of competition regulation in the news today.  The OFT has referred ITV’s proposed disposal of Friends Reunited to the Competition Commission on the grounds that, post sale, there will be just two main competitors in the market for researching ancestry.

Three becomes two - concentration of the UK newspaper wholesaler market

A significant development in the wholesale distribution market for newspapers and magazines leaves two major competitors scrapping for the remaining profitable contracts…