M/19/040 – DMG/JPIMedia

Transaction details

The proposed acquisition whereby DMG Media Limited will acquire sole control of JPIMedia Publications Limited has been notified to the Competition and Consumer Protection Commission.

DMG Media Limited acquisition of JPIMedia Publications Limited void

On 29 November 2019, in accordance with section 18(1)(b) of the Competition Act 2002, as amended, (the Competition Act) the Competition and Consumer Protection Commission  (the CCPC) received a notification of a proposed acquisition whereby DMG Media Limited, a wholly owned subsidiary of Daily Mail and General Trust Plc, would acquire the entire issued share capital and thus sole control of JPIMedia Publications Limited, a wholly owned subsidiary of JPIMedia Limited.

Following enquiries by the CCPC, Daily Mail and General Trust Plc confirmed that the acquisition was put into effect on 29 November 2019. By implementing the acquisition before receiving clearance from the CCPC, Daily Mail and General Trust Plc and JPIMedia Limited have infringed section 19(1) of the Competition Act. Consequently, as provided for by section 19(2) of the Competition Act this acquisition is void.

The CCPC will continue to assess the notified transaction in accordance with the Competition Act

Notification date Decision date
Friday November 29, 2019
Parties Involved Business activities
DMG Media Limited

DMG Media Limited is a wholly owned subsidiary of Daily Mail and General Trust Plc (DMGT). DMG Media Limited owns and operates DMGT's consumer media business.

DMGT operates a number of businesses in the State which involve the publication of localised Irish newspapers (the Irish Daily Mail and the Irish Mail on Sunday), as well as a number of websites.

JPIMedia Publications Limited

JPIMedia Publications Limited is a UK company which owns and operates the i Newspaper, a UK based daily newspaper and its associated website inews.co.uk.

Economic sector Media merger
Media Yes
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, December 12, 2019
Date of Requirement for Information Date Information Received
Friday, January 10, 2020
Current status: Active
Further information required (Phase 1)
Authorised Officer Assigned Contact Details
Barry O'Donnell

Email: barryodonnell@ccpc.ie
Phone: 01 470 3696

Craig Whelan

Email: craigwhelan@ccpc.ie
Phone: 01 402 5504

Media enquiries: communications@ccpc.ie

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