The Antitrust authority on Thursday
gave a conditional green light to the purchase by Gruppo
Editoriale L'Espresso, which owns La Repubblica daily and
l'Espresso weekly, of Italiana Editrice (Itedi), which owns La
Stampa daily and Genoa daily Secolo XIX. The authority said the
buyer must sell off the advertising business of La Repubblica's
Genoa and Turin editions. The deal combining two of Italy's
top-selling dailies, La Repubblica and La Stampa, has been
criticised by rivals such as Corriere della Sera as
concentrating too much media assets in one group.
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