Yell's response to Competition Commission statement of Proposed Remedies - 7 September 2006
Following the publication this morning by the Competition Commission of its proposed remedies for Classified Directory Advertising Services, John Condron, CEO of Yell Group said:"We will study the report in detail. We have said many times we do not think the rapidly evolving and highly competitive classified directories market requires regulation and we will continue to press this point. We obviously welcome the proposed reduction in the level of advertising price regulation envisaged in the Commission's provisional remedies. We would nevertheless believe that market forces, rather than regulation, should always be the preferred route."
