March 27, 2006

McClatchy leftovers: Chessboard strategy

Stephen Calkins, an expert in antitrust law at the WSU Law School , is quoted in this story - originally in the New York Times -- about the sale of 12 Knight Ridder newspapers acquired recently by McClatchy newspapers. Some observers wonder whether the Justice Department will take a look at the sale because of its sheer size even though Justice has not scrutinized a newspaper sale since 2000. "In part, this reflects the absence of proposed megamergers," Calkins pointed out. "But it also reflects the division's perception of competition in the Internet age, and the division's focus on price and output without regard to editorial diversity."

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