Breaking Reliance and Disney Announce Strategic Joint Venture

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India's antitrust watchdog has warned staff in an internal memo not to share any information with the media when they are not authorized to do so, citing a 60-year-old rule that prohibits such interactions, a document shows.

On Tuesday, Reuters reported the CCI had reached an initial assessment that the $8.5 billion Indian merger of Reliance and Disney media assets harms competition due to their power over cricket broadcast rights, and had been sent a warning notice.

 
India's antitrust watchdog has warned staff in an internal memo not to share any information with the media when they are not authorized to do so, citing a 60-year-old rule that prohibits such interactions, a document shows.

On Tuesday, Reuters reported the CCI had reached an initial assessment that the $8.5 billion Indian merger of Reliance and Disney media assets harms competition due to their power over cricket broadcast rights, and had been sent a warning notice.

So the internal memo also got leaked?🤣
 
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