Are Media’s acquisition of Ovato Retail Distribution not opposed by the ACCC
July 29, 2021 10:14
The Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition of Ovato Retail Distribution (ORD) by Are Media (formerly Bauer Media).
Are Media publishes titles such as The Australian Women’s Weekly, New Idea and Gourmet Traveller. ORD is Australia’s largest distributor of magazines to retailers (including newsagents, supermarkets and convenience stores), and is a subsidiary of Ovato Limited, a printer, distributor and marketer.
When gathering industry feedback, the ACCC was told that many magazine publishers consider that ORD is their only viable option for national distribution of time-sensitive publications to retailers.
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