Competition and Markets Authority Tag

By Adam Tate, Associate Editor US based Liberty Media’s $8 billion buyout plan of Formula One is set to face its first regulatory hurdle as the UK’s Competition and Markets Authority (CMA) may mount an investigation into the plan to ensure that the deal doesn’t violate antitrust and anti-competition laws. The CMA released the following statement on the matter. “The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise ActRead More