Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Wednesday 30 January, 2008

Office of Fair Trade


Office of Fair Trading
30 January 2008

13/08                                                            30 January 2008


The OFT and Ofcom have formally launched a review of the Contract Rights Renewal
(CRR) undertakings today. The review will be conducted by the OFT and Ofcom in
partnership, and is expected to take around a year.
The CRR undertakings were created in 2003 to address the merger of Carlton and
Granada to form ITV plc. Recognising the concerns of the advertising community
about the enhanced market position ITV plc would have as a result of the merger,
the Competition Commission put in place the Contracts Rights Renewal (CRR)
remedy. The Office of the Adjudicator was set up to determine any disputes under
the CRR undertakings, and the undertakings are monitored by the OFT and Ofcom.
The OFT has created a web page with further information on the scope of the
review and the key stages. This also includes a set of questions and answers,
which will be updated as the review progresses. For more information click go
the the OFT website :
The CRR review team will be contacting key stakeholders directly in the next few
weeks to gather evidence, and other interested parties will be able to submit
written views through a dedicated email address. More information on this
process can be found on the web page.

1. The full text of the undertakings and more information on CRR are available

2. The full text of the Competition Commission's 2003 report and other
associated documents are available at:

MEDIA enquiries: 020 7211+
Corinne Gladstone 8899 Alex Hunter 8900
Jonathan Marciano 8898 Nnenna Oleforo 8993
Out of hours: mobile: 07774 134814 fax messages: 020 7211 8961
Copies of press notices: Ext. 8993

PUBLIC enquiries: 0845 7224499
OFT reports and consumer information leaflets are available free from:
OFT, PO Box 366, Hayes UB3 1XB 0800 389 3158

                      This information is provided by RNS
            The company news service from the London Stock Exchange