A Press Gazette story Tuesday notes that the proposed merger between business news wire services Reuters Plc and Thomson Corp. is raising red flags with European regulators.
“Commission officials now have 90 days- until February 25 next year – to rule on whether the merger of the media giants would ‘significantly impede’ effective competition in Europe, breaching EU merger rules.
“A combination of Reuters and Thomson would give Thomson a bigger stake in a market currently dominated by Reuters and Bloomberg.
Read more here.
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With giants talking about merger, there is always the possibility of Monopoly and small players and govts gets more concerned and protective.
I think it will be a good merger for both and they will complement each other if the business are well synchronized within a short time.