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Reliance Industries has also agreed to invest close to Rs 11,500 crore into the joint venture. New Delhi: The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country’s largest media empire worth over Rs 70,000 crore. The deal, announced six…
Read More “Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger” »
“Cricket is the biggest pain point for the CCI,” Reuters reported. Antitrust body, the 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 told Reuters on Tuesday. In the biggest…
Read More “Reliance, Disney Merger Will Hurt Rivals, Warns Antitrust Body: Report” »