Swiss regulator blocks ticketing merger
Tamedia says it is considering legal action after the Federal Competition Commission blocked the merger of its Starticket company with Ticketcorner
News By | 24 May 2017
The Swiss Federal Competition Commission has refused to sanction the agreed merger of Switzerland’s two largest ticket agencies, Starticket and Ticketcorner.
Ticketcorner – jointly owned by CTS Eventim and Zurich-based conglomerate Ringier – and Starticket – a division of mass-media giant Tamedia – announced their intention to merge last November, five months after the registration of Ticketmaster Switzerland GmbH by Live Nation Luxembourg, which sparked rumours of a local launch of Ticketmaster.
The Federal Competition Commission (Wettbewerbskommission, Weko) began investigating the merger…
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