Newsday Sale Could Raise Big Antitrust Issues
The widely reported deal to sell Tribune Co.’s Newsday to Rupert Murdoch’s News Corp. may be tripped up on antitrust concerns, the well-known media economist Robert G. Picard warned Tuesday (April 22).
“These are not small publishers desperately trying to find a way to survive in challenging times,” Picard, editor of the Journal of Media Business Studies, said. “They are asking to do something far beyond what others have asked to do.
“The sheer size of the deal raises a number of antitrust concerns,” he said.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in