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Why Did the ACCC Clear Southern Cross Media’s Big Acquisition?
9:43am on Thursday 13th of November, 2025 AEDT
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Why Did the ACCC Clear Southern Cross Media’s Big Acquisition?
9:43am on Thursday 13th of November, 2025 AEDT
Key Points
ACCC finds Southern Cross and Seven operate in distinct media segments
No substantial lessening of competition in advertising or content markets
Digital and online media growth factored into ACCC’s decision
Acquisition still requires approval from Australian Communications and Media Authority
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