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.
Related Posts
How Trump’s tariff plans will impact China’s economy this time
Donald Trump’s proposed 60% tariffs on Chinese imports pose significant economic threats to China. China’s property sector crisis, deflationary pressures, and unsustainable local government debt […]
Stock market today: BSE Sensex opens in green; Nifty50 near lifetime high
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 81,800, Nifty50 was near […]
PM Modi, Spanish counterpart to inaugurate Tata-Airbus Gujarat plant tomorrow
PM Narendra Modi and his Spanish counterpart Pedro Sanchez will inaugurate the Tata-Airbus C-295 aircraft manufacturing facility in Vadodara. The $2.9 billion project will see […]