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Competition guardian takes action against sports broadcasters for possible legal violations business news

The UK competition authority has announced that it is investigating possible breaches of the law by sports broadcasters in connection with the acquisition of professional services.

The Competition and Markets Authority (CMA) said it believed there were reasonable grounds to suspect that one or more aspects of competition law had been breached.

The investigation involved BT Group, IMG Media, which owns Premier League Productions, ITV and Sky, which owns Sky News.

The watchdog said he had “reasonable reason” to suspect the companies had broken rules, but stressed he didn’t have enough information yet to draw any conclusions.

It investigates the broadcasters under Section 25 of the Competition Act, which allows the CMA to investigate potential cartels.

“The investigation relates to the purchase by such companies of professional services that support the production and broadcasting of sports content in the UK,” the CMA said.

A BT spokesman replied: “We note today’s statement from the CMA and are reviewing the details while working fully with their team.

“It is clear that CMA’s investigation focuses very specifically on the purchase of professional services and not on other aspects of BT Sport’s business or the broader business of BT Group.”

A Sky spokesman said: “We are fully cooperating with the CMA.”

A statement from ITV said it was “committed to complying with competition laws and cooperating with investigations by the CMA. ITV does not intend to comment further on this investigation at this time.”

IMG was also contacted for comment.

Competition guardian takes action against sports broadcasters for possible legal violations business news

Source link Competition guardian takes action against sports broadcasters for possible legal violations business news

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