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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.