OFT delays Amazon/Book Depository decision

OFT delays Amazon/Book Depository decision

The Office of Fair Trading (OFT) has pushed back its decision on whether to refer the Amazon takeover of The Book Depository to the Competition Commission.

The decision was expected to be tomorrow (2nd September) after being delayed from earlier this week. However, an OFT spokesman said a date for the decision was now "to be confirmed". He said the timetable for an announcement could change for "any number of reasons", but declined to go into specifics.

Amazon announced in July it had agreed a deal to take over The Book Depository, which led to the Booksellers and Publishers Associations, the Independent Publishers Guild and the Bookseller Group voicing opposition to the merger. The Irish Competition Authority cleared the deal in late July. It said the merger would not lead to a substantial lessening of competition.