Inside the Australian and New Zealand book industry

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ACCC ‘not opposed’ to Pearson acquisition of REDgroup online business

Thursday, 11 August 2011    Books+Publishing
@booksandpublishing

The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the acquisition of REDgroup Online by Pearson Australia Group.In its competition analysis, available online here, the ACCC concluded that the acquisition 'was unlikely to result in a substantial lessening of competition' in the book retailing industry.The...

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Category: Local news