Disney-Reliance $8.5 Billion Media Merger Faces Antitrust Scrutiny in India Over Cricket Rights: Report
20 August 2024 at 15:49
India’s antitrust watchdog has expressed initial concerns about the proposed $8.5 billion merger between Reliance and Walt Disney’s media assets in the country, sources told Reuters on Tuesday. The Competition Commission of India (CCI) has reportedly flagged potential harm to competition, primarily due to the combined entity’s power over cricket broadcast rights. Cricket is the […]