Decision Nº M/04/001 from Competition and Consumer Protection Commission, 2004-01-29

CourtCompetition and Consumer Protection Commission (Ire)
PartiesAnglo-Celt,Celtic Media Group Limited
Decision NumberM/04/001
Date29 January 2004
StatusPreliminary investigation (Phase 1)
Decision Date29 January 2004
Determination of the Competition Authority
Determination No. M/04/001 of the Competition Authority, dated 29th January,
Notification No. M/04/001 – Celtic Media Group Limited proposed acquisition of
The Anglo-Celt Limited
Introduction
1. On 2nd January the Competition Authority, in accordance with Section 18 (1) of
the Competition Act, 2002 (“the Act”) was notified, on a mandatory basis, of a
proposal whereby Celtic Media Group Limited (“CMG”), via a new subsidiary
company to be formed, would acquire sole control of The Anglo-Celt Limited
(“Anglo-Celt”) by acquiring directly 20% of the shares held by individuals, and
the remaining 80% which is owned by Oswestry investment Company, an
unlimited company. The Authority, in accordance with s 23(1)(b) of the Act,
notified the parties that it considers the transaction to be a media merger.
The Parties
2. CMG through its subsidiary Celtic News Group Limited (“CNG”), owns business
carried on by Meath Chronicle Limited (“MCL”). MCL is involved in two main
business activities; (a) printing, publishing and distributing the Meath Chronicle
newspaper (“Meath Chronicle”), and (b) contract printing for other newspapers. It
publishes the Meath Chronicle, a Wednesday morning weekly newspaper. The
Meath Chronicle has a circulation of around [] copies; [] paid and []
unpaid. This newspaper is targeted mainly at the Co. Meath readership. MCL
prints over [] other titles on contract basis. Meath Chronicle owns a state-of-
the-art [] printing facility located at Mullaghboy, out side Navan. This plant
was completed in 2002 and at full capacity it can produce [] full processed
colour copies per hour. CMG claims that capacity exists for servicing new
contracts.
3. Anglo-Celt operates out of Co. Cavan. It consists of two separate companies;
(a) The Anglo-Celt which is involved in printing, publishing and distributing
the Anglo-Celt newspaper. The Anglo-Celt newspaper is the only weekly
newspaper in Co. Cavan. It has a readership of between [] that is
targeted at Co. Cavan; and
(b) Celtrim Printing Limited (“CPL”) which is involved in the contract
printing of a number of regional, college and special interest titles. CPL
upgraded its printing plant in 2000. It has a printing capacity of []
copies per hour.
Analysis
4. Market enquiries indicated that The Meath Chronicle and The Anglo-Celt
newspapers do not compete for classified advertising. Similarly, market enquiries
indicated that they do not compete for readership.
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