The Commission cleared the proposed creation of Penguin Random House, combining parts of the publishing businesses of the media company Bertelsmann, of Germany, and the publishing company Pearson, of the UK. Bertelsmann is an international media company whose core divisions encompass television and television production, trade publishing, magazine publishing, music rights management and services in some 50 countries. Pearson is active in publishing trade and educational materials and business information. Penguin Random House will contain all of the English language trade publishing divisions of Bertelsmann's Random House division in the United States, Canada, the United Kingdom, Australia, New Zealand, India and South Africa and further the Spanish language trade publishing divisions of Bertelsmann's Random House division in Spain and Latin America. It will also contain all of Pearson owned Penguin’s business and assets, including its US, European, Australasian and Indian trade publishing divisions, its trade publishing company in China and its 45% stake in a Brazilian Portuguese language publishing house. The Commission assessed the effects of the transaction, inter alia, in the market for the acquisition of authors’ rights for English language books in the EEA and worldwide and in the market for the sale of English language books to dealers in the EEA. The Commission found that the transaction would not raise competition concerns since the new entity Penguin Random House will continue to face competition from several large and numerous small and medium sized publishers. In addition, the Commission's investigation revealed no evidence that the transaction would lead to risks of coordination among publishers in neither of these markets. Further, in the market for sale of English language books to dealers, the combined entity will face a concentrated retail base, such as supermarkets for print books and large online retailers for e-books. Thus the Commission concluded that the proposed acquisition would not significantly impede effective competition in the EEA or in any substantial part thereof. Source: Commission Press Release 5/4/2013