Wednesday, 3 August 2011

Irish Competition Authoritiy give go ahead to Amazon Book Depository deal

The Irish Competition Authority has cleared the acquisition of The Book Depository by Amazon after a three-week investigation into the deal. In a short statement, the authority said: "[We have] formed the view that the acquisition will not lead to a substantial lessening of competition in any markets for goods or services in the state."

It said it will publish its reasons in full no later than 25th September but is allowing the relevant parties to remove any confidential information from the published version.

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