Draft to require report of inter-media mergers
The China Post news staffTAIPEI, Taiwan -- The National Communications Commission (NCC) yesterday proposed a draft of the anti-media monopoly law that includes a multilayered monitoring mechanism and a requirement for TV broadcasters to report merger plans to authorities.
February 7, 2013, 12:03 am TWN
TV broadcasters' integration with media competitors (including printed media) will be monitored under a four-tiered standard according to the bill, NCC Chairman Howard Shyr (石世豪) said.
Any merger resulting in a certain level of market monopoly will be banned outright. This “absolute red line,” based on market share and audience share, will be clear cut, Shyr added.
Mergers that are judged by NCC reviewers to have a substantial impact on public interests will only be given conditional approval. Enterprises that fail to meet the conditions (such as spinning off certain TV channels they operate) will have their proposals rejected.
The NCC will closely monitor mergers with certain but less significant effects. Enterprises that engage in mergers with minimal effect on public interests, such as the purchase of small amounts of shares of a small print operations, will only be required to report their plans.