Statement on the merger between Trinity Mirror plc and Northern & Shell Media Group Limited's publishing assets
Written ministerial statement by Secretary of State Matt Hancock on his decision to intervene in the merger between Trinity Mirror plc and Northern & Shell Media Group Limited's publishing assets
On 23 April I confirmed that I had written to Trinity Mirror plc and Northern & Shell Media Group Limited to inform them that I was minded to issue a Public Interest Intervention Notice (PIIN) on the basis that I had concerns that there may be two public interest considerations - as set out in the Enterprise Act 2002 - relevant to consideration of the merger.
The first public interest ground is the need for free expression of opinion, and concerns the potential impact the transfer of newspapers would have on editorial decision making. The second public interest ground is the need for a sufficient plurality of views in newspapers, to the extent that it is reasonable or practicable.
I invited written representations from the parties by 26 April and, having considered these, I have written to the parties today confirming my decision to issue a Public Interest Intervention Notice (PIIN) on both grounds.
This PIIN triggers action for Ofcom to report to me on the media public interest considerations and the CMA on jurisdiction and any competition issues, respectively, by the 31st May 2018. I will then consider whether or not to refer the merger for a more detailed investigation, or whether to accept undertakings-in-lieu of such a reference.
The role of the Secretary of State, in this process, is quasi-judicial and procedures are in place to ensure that I act independently and follow a process which is scrupulously fair and impartial.