Feeds

FriendsReunited sale cleared

Dennis the Menace not a competition concern

Remote control for virtualized desktops

The Competition Commission has cleared ITV's sale of FriendsReunited to Brightsolid - a subsidiary of DC Thomson the publisher of the Beano.

The competition concerns were not about comics but genealogy - Brightsolid owns find my past.com and the 1911 census site while FriendsReunited runs Genes reunited. Combining the two companies means two out of the three largest UK genealogy sites have one owner.

But the regulator said that the deal could improve competition by forcing the number one site - ancestry.co.uk - to pull its socks up in the face of stronger competition.

Laura Carstensen. chairman of the inquiry, said online genealogy was a fast growing business with two million UK citizens visiting a family history site every month.

She said: "We found that while there is a degree of overlap in the activities of the two companies, it is small and their business models are different, and in the absence of the merger would be likely to remain so. After the merger another website, Ancestry.co.uk, will remain the largest supplier in this market and its presence, along with potential entry by new suppliers and the alternatives provided by free sites, will ensure that the merged company faces strong competition."

The Commission was asked to investigate in November by the Office of Fair Trading, it will publish the complete report in April.

Full statement here.

FriendsReunited was a darling of the first dot-com bubble but struggled to find an effective business model. Its main function was then subsumed by the likes of Facebook and other social networking sites. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
UK.gov pushes for SWIFT ACTION against nuisance calls, threatens £500k fines
DCMS seeks lowering of legal threshold to fight rogue firms
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
ISPs handbagged: BLOCK knock-off sites, rules beak
Historic trademark victory, but sunset clause applies to future blocks
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.