India  
 
NewsR.in

CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger

IndiaTimes Wednesday, 21 August 2024
The Competition Commission of India initially determined that the $8.5-billion merger between Reliance and Walt Disney's media assets could undermine competition, especially in cricket broadcasting rights. The merged entity might gain significant market power, raising concerns about pricing and advertiser influence. Reliance and Disney have 30 days to address these concerns to avoid a probe.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

RIL & Disney's $8.5 billion merger gets CCI nod

 The Competition Commission of India has approved the merger of Reliance Industries and Walt Disney India's media assets, with specific modifications. This merger...
IndiaTimes

Disney, Reliance offer ad rate concessions for deal: Report

 Disney and Reliance have made concessions to gain antitrust approval for their $8.5-billion media merger, offering not to hike advertisement rates unreasonably....
IndiaTimes