News Details

Liberty Media's takeover faces anti-competition investigation

The UK's Competition and Markets Authority (CMA) is considering whether it should launch an investigation to determine whether or not Liberty Media's takeover of Formula 1 will 'result in a substantial lessening of competition' in the UK's goods or services industry. Liberty Media has already completed an initial stock purchase in Formula One Management (FOM), but plans to complete a majority takeover worth $8 billion pending 'clearances and approvals by antitrust and competition law authorities in various countries'. That deal now faces anti-competition scrutiny in the UK - where F1 and the majority of teams are based - with the CMA announcing on...
Full Story »
Share

You May Also Be Interested In...

Liberty F1 deal facing UK anti-competition...

Liberty Media's planned acquisition of Formula 1 is to face an...
9y ago from Motorsport.com

Brawn: I'm doing a little consulting to help Liberty

Former Mercedes team principal Ross Brawn has denied accepting a position...
9y ago from GrandPrix247.com

Bitsize Gos – Liberty Lies

Ross tries to squash rumours surrounding Liberty Media and possible...
9y ago from F1.co.uk

Brawn reportedly signed by Liberty Media to head F1

Previous technical director and team owner Ross Brawn has agreed a...
9y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

“You were like f*cking Cannavaro” - Erling Haaland...

Manchester City hitman Erling Haaland hailed his teammate Bernardo Silva's...
33m ago from SportsKeeda.com

Rice: Arsenal ready for 'ultimate test' at Man City

Declan Rice insists Arsenal are ready to eradicate the hurt from their...
10h ago from SkySports.com

'Time to move on', 'Running around doing nothing' -...

Arsenal fans want Martin Odegaard sold after the club captain's...
10h ago from SportsKeeda.com

Erling Haaland appears to sing iconic song after...

Manchester City striker Erling Haaland appeared to be in a very good mood...
10h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.