The European Union's antitrust enforcer said Thursday that the deal, which would see U.S.-headquartered Liberty Media take 86% ownership of Madrid-based Dorna Sports, the parent company of worldwide motorcycle racing league MotoGP, could lead to higher prices for the licensing of broadcasting rights for motor sports events.
It said it would look into whether Liberty Media's largest shareholder, John Malone, can exert decisive influence over both companies, saying it is concerned that Liberty Media might have the ability and incentive to foreclose rival broadcasters where its parent company Liberty Global is active.
This story is from the December 23, 2024 edition of The Wall Street Journal.
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This story is from the December 23, 2024 edition of The Wall Street Journal.
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