Yell Tied Down
CC Publishes Final Report on Classified DirectoriesCompetition Commission Press Release21 December 2006
The Competition Commission (CC) has today published its final
report into the printed classified directories market. Yell, the
publisher of Yellow Pages, will be required to comply with a
number of restrictions, including a price control of RPI-6 per
cent until March 2008 and RPI from that date onwards. Yell's
prices will be reduced until March 2008 following which any rises
will be capped at RPI. We expect growing competition will
increasingly constrain Yell's prices and that Yell will feel more
pressure due to the Internet. In the meantime the price control
will prevent Yell from exploiting its market power.