Norway May Stop Bonnier Books Purchase of Strawberry Publishing

The Norwegian Competition Authority is considering intervening against the merger of Bonnier Books Holding AB and Strawberry Publishing Norge AS, the antitrust authority says in a statement on its website.

• The acquisition could weaken competition between publishers in the market for the sale of physical books and in the market for the sale of books for streaming services
• Proposals for remedial measures from the parties won’t remove the competitive damage that the acquisition may cause, authority says
• The companies now have 15 working days to comment on the assessments in the notification and the authority then has 15 working days ...