For announcement of referral see DTI Press Notice P/2002/786
Reference of SMG Plc / Gannett UK Ltd to the Competition Commission
Terms of Reference
Whereas the Secretary of State received on 3 December 2002 an application
for her consent under section 58 of the Fair Trading Act 1973 ("the Act")
to the transfer to Gannett U.K. Limited, a newspaper proprietor, of the newspapers
specified in the Schedule hereto, of the assets necessary for the continuation
of those newspapers as separate newspapers (including the right to use the
name of the newspapers) and of plant and premises used in their publication
("the proposed transfers");
Whereas the average circulation per day of publication (calculated in accordance
with section 57(3) of the Act) of the newspapers specified in the Schedule
hereto together with that of the newspapers of which Gannett U.K. Limited is
already a newspaper proprietor amounts to 500,000 or more copies;
Now, therefore, the Secretary of State, in exercise of her powers under section
59 of the Act, hereby refers the matter of the proposed transfers to the Competition
Commission ("the Commission") for investigation and report on whether
any of the transfers in question may be expected to operate against the public
interest.
The Commission shall report on this reference within a period ending on 10
March 2003.
Schedule: Newspapers And Newspaper Assets Involved In The Proposed Transfer
The following newspapers:
The Herald
Sunday Herald
Evening Times
10 December 2002
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