Swiss regulator to probe Tamedia-Edipresse deal

Fri Jul 3, 2009 2:38am EDT
 
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ZURICH, July 3 (Reuters) - Switzerland's competition watchdog said on Friday it would start an in-depth review of a planned merger between media groups Tamedia (TAMN.S)> and Edipresse (EDI.S).

The merger is set to create one of Switzerland's biggest media groups, controlling leading newspapers such as "Tages-Anzeiger" and "Le Matin" as well as television and radio channels.

"The preliminary review is pointing to a possible creation of a dominant position, or the strengthening of such a position, on the market (for free newspapers) for commuters in the French-speaking part of Switzerland," the antitrust regulator said in a statement. (Writing by Lisa Jucca; Editing by Greg Mahlich)

 

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