THE PROPOSED MERGER of Reliance Industries' Viacom18 and Walt Disney's Star India may need to be modified for approval by the Competition Commission of India (CCI), experts said.
The combined entity may need to divest stakes in many TV channels to meet the CCI criteria aimed at preventing undue concentration of market power. Before the ZeeSony merger, the two media firms were required to divest three channels (Zee Classic, Zee Action and Big Magic) for the CCI's approval.
The $8.5-billion deal between Reliance and Disney, announced last month, is likely to lead to the combined entity's market share in many segments exceeding the CCI's thresholds for combinations.
Bu hikaye Financial Express Mumbai dergisinin March 11, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin March 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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