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BW Businessworld

CCI Approves Zee-Sony Merger, With Conditions

In December 2021, the two entities had decided to merge to create a 2 billion dollars worth business entity.

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The Competition Commission of India, on October 4, approved the merger of Zee and Sony with certain conditions. Competition watchdog put some restrictions to prevent Zee Sony from abusing its dominant position.

Earlier, the two entities had offered to close certain channels in order to get approval from the competition watchdog.

In December 2021, the two entities had decided to merge to create a 2 billion dollars worth business entity. 

More to follow...


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Zee Sony Merger