cma
UK Regulator Asks for New Powers Over Ticket Resale
The Competition and Markets Authority (CMA) in the UK is recommending changes to the regulatory climate surrounding ticket resale, which would grant it new power to deal swiftly with individuals and platforms who violate the law. Suggested reforms include a ban on platforms allowing ticket brokers to sell more... Read more
UK Regulator Greenlights Plan for Viagogo-StubHub Merger
More than a year after StubHub’s purchase by Viagogo was announced, the merger is expected to begin moving forward once again with the blessing of the Competition and Markets Authority of the UK. The competition regulator said it “proposes to accept” a plan for StubHub to spin off its... Read more
Viagogo Pitches Sale of Non-North American StubHub Business to Appease Regulators
Viagogo is reportedly willing to sell off all but the U.S. and Canada-based StubHub businesses to appease regulators, according to reporting from the UK. The proposed sale of the assets held for less than a year are in response to the Competition and Markets Authority (CMA), which has thus... Read more
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