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The GVH investigating Blikk / Bors concentration

The Hungarian Competition Authority (GVH) launched a proceeding upon application of Ringier and Ringier AG for authorising their acquisition of control over Híd Rádió.

The applicants, by the acquisition of control over Híd Rádió, are aiming to buy the newspaper Bors; that is why they turned to the GVH for authorisation.

Pursuant to the decision of the Competition Council, the GVH will assess the application in a full proceeding. The deadline for authorisation is 120 days, which can be extended by further 60 days if justified. The deadline for the proceeding is counted from 16 January 2009.

Case number: Vj-155/2008.

Budapest, 13 February 2009.

Hungarian Competition Authority

Communications Groupt

Further information:

András Mihálovits

Hungarian Competition Authority

Address: 1054 Budapest, V., Alkotmány u.5.

Postal address: 1245 Budapest, 5. POB. 1036

Tel: (1) 472-8902