CAP Clean Air

RNS No 2716r
DEPARTMENT OF TRADE AND INDUSTY
11th November 1997


     DEADLINE EXTENDED FOR MMC REPORT ON CAPITAL/VIRGIN

Margaret Beckett, President of the Board of Trade, has
agreed to a request from the Monopolies and Mergers
Commission (MMC) for an extension of the time allowed for
making their report on the proposed acquisition by Capital
Radio plc of Virgin Radio Holdings Limited.

After careful consideration of  representations from the
MMC, notably  that more time was needed to allow proper
consideration of evidence recently submitted to the inquiry,
Mrs Beckett has concluded that the reporting period should
be extended to 4 December 1997.

Notes for Editors

1.   On 31 July 1997 Mr Griffiths, Competition and Consumer
Affairs Minister, referred the proposed acquisition by
Capital Radio of Virgin Radio to the MMC for investigation
and report under the provisions of the Fair Trading Act 1973
(DTI Press Notice P/97/519).  The MMC were originally asked
to report by 14 November.

2.   Under section 70(2) of the Fair Trading Act, the
Secretary of State may allow one extension of not more than
three months following representations being made by the MMC
and on being satisfied that there are special reasons why
the report cannot be made within the period specified in the
reference.


END

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