oft investigates bus shelter advertising contracts
\"OFT has launched an investigation into contracts signed between Clear Channel and JCDecaux\'s two media owners, and the company said:\" Some local authorities have something to do with street furniture advertising such as bus shelters and information boards. \".
OFT said its investigation was at an early stage and should not be considered as a violation of competition law by these agreements.
Heather Clayton, senior director of infrastructure at OFT, said: \"media owners have some concerns about barriers to entry and expansion, and OFT has launched a competitive survey, to assess whether certain street furniture agreements comply with the Competition Law of the UK and the EU.
At this stage, it should not be assumed that there is a violation of the competition law.
Last month, JC Decaux released a forecast
It also indicated encouraging signs in early 2011.
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