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U.K. Competition Regulator Launches ‘In-depth’ Investigation Into Viagogo StubHub Merger

Andy Robertson

U.K. Competition Regulator Launches ‘In-depth’ Investigation Into Viagogo StubHub Merger 

25th June 2020 (Billboard) - Viagogo’s $4 billion acquisition of StubHub faces further scrutiny after the U.K.’s competition watchdog opened an “in-depth investigation” into the merger. The Competition and Markets Authority (CMA) announced on Thursday (June 25) that Viagogo has failed to address its concerns that the merger could result in a substantial lessening of competition, leading to music fans paying more for tickets. As a result, the regulator has launched a "Phase 2" inquiry into the deal before deciding what, if any action, should be taken. Phase 2 investigations by the CMA are conducted by an independent panel and can last up to 24 weeks  

(Reporting by Richard Smirke) 


Andy Robertson
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