Guilty until proven innocent

<p>Jonathan Nowell led the defence of Nielsen BookData in the only recent book industry acquisition referral to the UK Competition Commission. Here he judges the effects of the Ottakar's/HMV referral process.</p><p>My overwhelming feeling after the clearance of the BookData acquisition in March 2003 was relief--not because we had succeeded in becoming a clear market leader in bibliographic data supply, but because the process was over. We could get on with merging the businesses and delivering on the promises we had made to the UK book industry.</p><p>The Competition Commission process is d...

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