What were CCI’s concerns over Disney-Reliance deal
By
Binu Mathew
Walt Disney Co and Reliance Industries won approval from the Competition Commission of India (CCI) on Wednesday for an $8.5 billion merger of their Indian media assets after offering concessions relating to their grip on broadcasting rights for cricket, India’s favourite sport.
Here are the key points raised in the CCI’s initial assessment, according to a confidential letter sent to the companies on Aug. 19 and reviewed by Reuters: