Help navigation
Log in to TheBookseller.com
What’s Hot:
News
-
RELATED STORIES
-
Waterstones to close Epsom store
Waterstones is to close its...
-
Academic publishing facing "unprecedented challenges"
Academic bookselling is exp...
-
B&N profit sinks, launches new Nook
Profit at US bookseller Bar...
-
Get organised
The high street is under th...
-
Brent terminates Willesden Bookshop lease
Willesden Bookshop is searc...
OFT decision on Amazon merger due late October
19.09.11 | Graeme Neill
The Office of Fair Trading has said it now expects to announce its decision on the Amazon takeover of The Book Depository by late October.
On a notice posted on its website this morning (19th September), the OFT said the expected decision date on the merger is 24th October. The decision was originally due on 2nd September. An OFT spokesman gave no specific reason for the delay but added: "In general it can be because some cases are more complex than others, some require more information from the parties or the OFT needs time to analyse the data . . . No inference should be made about the likely outcome of the case."
Amazon announced the deal with The Book Depository in July. The Booksellers and Publishers Associations, the Independent Publishers Guild and the Bookseller Group all oppose the merger.
Trackback URL for this post:
http://www.thebookseller.com/trackback/53788
©2012 The Bookseller Media Group. All rights reserved.
Comments: Scroll down for the latest comments and to have your say
By posting on this website you agree to the Bookseller comments policy. Comments go direct to live please be relevant, brief and definitely not abusive. Report any "unsuitable comments by clicking the links"
Sort: Oldest first | Newest first | Readers' most recommended
Jeez - isn't this just to decide whether or not to refer the purchase to the Competition Commission. If they do the CC will no doubt also take an extraordinarily long time to make their decision going over, for themselves, all the same material.
Surely there is a case that if an OFT decision takes longer than the estimated time schedule it should automatically be referred to the Competition Commission - just to reduce bureacracy.
Post new comment