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 Regulator Announces Probe Into Planned Viagogo Purchase of StubHub
The United Kingdom’s Competition and Markets Authority has announced that it will be investigating the proposed sale of StubHub to Viagogo, looking at whether or not the deal will lead to “a substantial lessening of competition” in ticket selling, according to multiple outlets. Announced on December 13, the competition... Read more
Fan Fair Alliance Vows More Viagogo Fight, Despite CMA Clearance
Last week, the UK’s Competition and Markets Authority suspended legal action against resale marketplace Viagogo, announcing that it has “addressed outstanding concerns” about proper disclosures on its website for consumers. That, apparently, isn’t good enough for the Fan Fair Alliance. In a letter published by Iq-mag.net, FFA spokesperson Adam... 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
Viagogo Taken to Court by UK Competition and Markets Authority
The Competition and Markets Authority has formally begun court proceedings against Viagogo in the United Kingdom, accusing the resale marketplace of anti-consumer practices. The industry watchdog is seeking an interim enforcement order that would put a stop to some aspects of the company’s business until the full trial takes... Read more