cma
StubHub-Viagogo Merger Taken to Phase 2 Scrutiny by UK CMA
StubHub’s acquisition by Viagogo will face additional scrutiny from the UK’s Competition and Market’s Authority, which announced that it will move to a “Phase 2” review of the $4 Billion transaction Thursday. The purchase, which was announced in November and completed in February, has been under “Phase 1” investigation... Read more
UK CMA Opens Investigation into Viagogo-StubHub Merger
Update (as of April 17, 2020): A Viagogo spokesperson commented on the investigation:  “We welcome the formal start of the phase 1 review by the CMA. We will continue to work closely with them and demonstrate the benefits of the merger for consumers.” – The UK’s Competition and Markets... Read more
CMA Tells Viagogo, StubHub To Pause Merger Until Integration Is Approved
The UK’s Competition and Markets Authority (CMA) ordered ticket resale websites Viagogo and StubHub to pause its merger until it probes the $4.1 billion integration. According to an enforcement order published today, the CMA has banned both firms from taking further action which might “lead to the integration of... Read more
CMA Orders StubHub To Make Changes To Its British Website
The UK Competition and Markets Authority (CMA) ordered secondary ticketing site StubHub to make changes to its British website after it was found to be misleading consumers. The CMA said StubHub had failed to adequately disclose that transactions may not ensure entry into an event, since some venues do... Read more
UK Competition And Markets Authority Clears Live Nation, MCD Merger
Live Nation and Gaiety Holdings Limited’s proposed purchase of the Ireland-based live music promoter MCD Productions Unlimited Company has been provisionally cleared by the UK Competition and Markets Authority (CMA), finding that the merger does not raise competition concerns. Originally, the CMA was worried that the deal could potentially... Read more
CMA Awards, Jingle Ball Shows Among Thursday Presales
The Country Music Association Awards and several iHeartRadio Jingle Ball shows heading on presale tomorrow. This year’s CMA Awards will be hosted by Carrie Underwood, Reba McEntire and Dolly Parton. Maren Morris leads the pack with six nominations. Jingle Ball shows in Los Angeles, Washington, D.C., and San Francisco... Read more
CMA Action Against Viagogo Halted After Website Changes
Viagogo appears to be out of hot water with the Competition and Markets Authority (CMA) in the United Kingdom, at least for the time being. The government agency announced Thursday that the resale marketplace had “addressed its outstanding concerns” about how it presented information to consumers, causing it to... Read more
CMA Prepares For Another Round of Legal Action Against Viagogo
Update (as of Thursday, March 7): “We take the CMA’s concerns very seriously,” Viagogo said in a statement to Ticket News. “However, we strongly believe we are not in breach of the court order. As the CMA indicated, we have successfully made several improvements to our platform to meet... Read more
Viagogo Threatened With Another Court Appearance, Fine From CMA
Britain’s Competition and Markets Authority (CMA) has threatened secondary ticketing site Viagogo with another court appearance and fine due to some concerns with the site following its review. Late last year, the CMA took Viagogo to court for breaking consumer protection law. Viagogo released a statement noting that a settlement... Read more
Viagogo Agrees to Settle with UK CMA, Adhere to New Market Rules
Viagogo has agreed to fall in line with new marketplace rules agreed to earlier in 2018 by other ticket resale marketplaces operating in the United Kingdom. viagogo issued a release announcing that a settlement had been reached with the Competition and Markets Authority (CMA), which would avert further legal... Read more