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Article: ACCC opposes proposed joint venture of PMP and McPherson's book printing businesses.
- Article from:
- M2 Presswire
- Article date:
- August 15, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-15 August 2007-ACCC: ACCC opposes proposed joint venture of PMP and McPherson's book printing businesses(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:15082007
The Australian Competition and Consumer Commission will oppose the proposed joint venture between Griffin Press, a wholly owned subsidiary of PMP Ltd, and McPherson's Printing Division, a division of McPherson's Ltd.
"After comprehensive investigation and conducting inquiries with industry participants, the ACCC has formed the view that the proposed joint venture is likely to substantially lessen competition for the supply of mono (black and white) offset book printing. The ACCC ...