The Nine and Fairfax $4 billion merger is coming to fruition as the competition watchdog has permitted the union of the two media organisations.
The Australian Competition and Consumer Commission predicts the merger will reduce the diversity of Australian news sources as there will only be four big media giants: the Seven Network, News Corp, Nine, and the ABC.
Due to changed media ownership laws in 2017, proprietors are now able to control more than two out of three media platforms in one market.