FOUR-WAY MEDIA JV AUTHORISED IN GERMANY.

The European Commission authorised, on 22 January, the proposed creation of a joint venture by four German online marketing agencies: SevenOne Media (a subsidiary of ProSiebenSat1), G+J Electronic Media Service, IP Deutschland (both subsidiaries of Bertelsmann Group), and Tomorrow Focus Portal (subsidiary of Hubert Burda Media). The four agencies are active in the sale of online advertising space on behalf of websites operated by their parent companies. The proposed joint venture will develop and sell a new product...

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