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Investigation launched into planned acquisition of MCD

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04-01-2019 5:52pm

#1

Zardoz

Registered Users Posts: 5,785 ✭✭✭

Join Date: August 2009

Posts: 5715

Interesting development this ,could have huge ramifications for gigs in Ireland and LiveNations/Ticketmasters monopoly here.

The Competition and Consumer Protection Commission has announced that it is to launch a detailed investigation into the planned acquisition of gig group MCD by a joint venture involving international music giant Live Nation.

The CCPC last night said that, following a preliminary investigation, it has decided that a full investigation is required "to establish if the proposed transaction could lead to a substantial lessening of competition in any market for goods or services in the State".

https://www.rte.ie/news/business/2019/0104/1020249-investigation-launched-into-planned-acquisition-of-mcd/

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