LN-Gaiety’s purchase of MCD cleared by CMA
UK competition authorities have finally followed their counterparts in the Republic of Ireland in greenlighting MCD Productions' merger with Live Nation
News By | 19 December 2019
The Competition and Markets Authority (CMA) has cleared the acquisition of Ireland’s MCD Productions by the UK-based Live Nation-Gaiety joint venture, after finding last month the merger does not raise competition concerns in Britain.
The UK competition watchdog referred the merger for an in-depth, ‘phase-2’ investigation, after finding the coming together of Live Nation and MCD could lessen competition in Northern Ireland.
However, the findings of the phase-2 inquiry said the opposite: that the merger is “not likely to…
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