CCI looks at Zee Turner-Star Den alliance: Sources

  • Thread starter Bapun
  • Start date
  • Replies: Replies 0
  • Views: Views 1,194

Bapun

Staff member
Community Manager
Joined
3 Nov 2010
Messages
31,424
Solutions
3
Reaction score
52,474
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
 
Back
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock