A Competition Commission report published today, backed by the minister, said that the sale of the titles and assets of the Brackley & Towcester Post, the Derby Trader, the Harborough Herald & Post and The Trader would not operate against the public interest.
However, she also accepted the commission's recommendation to block the acquisition of the East Northants Herald & Post series, the Northampton Herald & Post, the Peterborough Herald & Post and the Stamford Herald & Post.
If Johnston was allowed to acquire all eight titles, it would control almost 100% of the local markets in Northampton and Peterborough. This could enable it to increase the price of advertising because of lack of competition.
The minister said: "I share the majority view of the report that the transfers of four of the titles would have adverse effects on competition in the local newspaper markets. I have considered the minority member's views, but I am persuaded that the majority view is better supported by the available evidence and relevant economics."
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