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Thu 01 Jan 2009Reform of Competition Act could give Minister more power to block takeovers

The advisory body on media mergers has said the minister's mandate should be beefed up, writes Siobhan O'Connell

LOOMING LARGE on the media horizon for 2009 is a possible takeover bid by Denis O'Brien of Independent News Media (INM), where the businessman has accumulated a 25 per cent stake.