Ofcom publishes its statutory assessments in respect of the takeover of Scottish Radio Holdings by Emap.

0 Comments | M2 Presswire, August, 2005

M2 PRESSWIRE-8 August 2005-Ofcom: Ofcom publishes its statutory assessments in respect of the takeover of Scottish Radio Holdings by Emap(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:08082005 Ofcom today announces the completion of its statutory assessments in respect of the takeover of Scottish Radio Holdings plc (SRH) by Emap plc (Emap).

Separately, the Office of Fair Trading (OFT) has today announced the conclusion of its assessment of key competition aspects relating to the takeover of SRH by Emap. Ofcom has been given a number of specific duties under the Communications Act 2003 and other legislation in relation to takeovers and mergers of commercial radio companies. Ofcom has a duty to apply ownership rules that are designed to protect plurality of...

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