Eventim under investigation as Four Artists buy blocked
CTS Eventim's planned acquisition of Four Artists has been prohibited by the Cartel Office, amid a more wide-ranging investigation into its German market dominance
News By | 27 November 2017
A spokesperson for CTS Eventim has told IQ the company is likely to appeal after Germany’s competition regulator blocked its takeover of Four Artists.
Ticketing giant CTS announced in March it was to acquire Four Artists, a Berlin-based promoter and booking agency, to bolster its events division, especially “with regard to German artists and younger target groups”. Four Artists’ roster of close to 300 artists includes Seeed, The Lumineers, Scooter, Joris, Charles Bradley, Jimmy Eat World, Marteria, Rea Garvey…
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