oft investigates bus shelter advertising contracts

by:YEROO     2019-11-19
OFT said it had written to the two companies explaining that there were reasonable grounds to suspect that some agreements with local authorities on street furniture advertising, such as bus stops, restricted competition.
\"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.
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It also indicated encouraging signs in early 2011.
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