Competition Commission of India flags cricket rights concerns with Disney-Reliance $8.5 billion merger | Cricket News – Times of India

The Competition Commission of India (CCI) has made a preliminary determination that the proposed $8.5 billion merger between Reliance and Walt Disney‘s media assets in India could adversely affect competition, according to four sources who spoke to Reuters. The main concern revolves around the combined entity’s control over cricket broadcasting rights.This marks the most significant…

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CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger – Times of India

NEW DELHI: Competition Commission of India has reached an initial assessment that the $8.5-billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources said Tuesday, according to Reuters.It is the biggest setback so far to the planned merger, which aims to create India’s…

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