CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns

India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.

Aug 20, 2024 - 20:30
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CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!