Viagogo Completes $4B StubHub Acquisition as UK Merger Investigation Continues

February 13, 2020Viagogo will maintain the StubHub brand and its headquarters in San Francisco, complying with a preliminary investigation by the U.K.’s Competition and Markets Authority competition watchdog that was opened into the merger in December following the sale's announcement. CMA opened the preliminary investigation with the concern that the merger could “result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

That means Viagogo and StubHub cannot take any action that leads to the integration of StubHub with Viagogo, including changes to key staff, the merging of brand identities and the sharing of software and hardware.

hello overpriced tickets :)

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Subscription over-the-top (OTT) service will continue growth in the UK - Business InsiderContinued growth in UK subscription OTT users is likely due to more competition entering the market and more UK-focused content being created
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fenergo looks toward acquisitions after raising $80 million - Business InsiderFenergo has secured $80 million and is looking to use the funding to broaden its product suite and acquisitions in order to remain competitive.
Source: BusinessInsider - 🏆 729. / 51 Read more »