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The mega Zee Turner and Star Den alliance has caught the attention of the Competition Commission of India. (Click here to learn more about the alliance)
Sources tell CNBC-TV18, the CCI will examine the deal under Section 3 of the Competition Act which deals with anti-competitive agreements.
Meanwhile, it is also being learnt that Section 5 and 6 of the Competition Act, which was to come into effect from June 1 cannot be applied to this deal. The two sections deal with competition regulation.
The Competition Commission may even take suo moto cognisance of the deal if needed.
http://www.moneycontrol.com/news/business/cci-looks-at-zee-turner-star-den-alliance-sources_546967.html
Sources tell CNBC-TV18, the CCI will examine the deal under Section 3 of the Competition Act which deals with anti-competitive agreements.
Meanwhile, it is also being learnt that Section 5 and 6 of the Competition Act, which was to come into effect from June 1 cannot be applied to this deal. The two sections deal with competition regulation.
The Competition Commission may even take suo moto cognisance of the deal if needed.
http://www.moneycontrol.com/news/business/cci-looks-at-zee-turner-star-den-alliance-sources_546967.html
