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Liberty Media's $4.4 Billion MotoGP Deal Hits a European Roadblock

^{Published on 2024-12-14 08:24:08 - Newsweek}
 

• Liberty Media's $4.4 billion attempt to acquire a majority stake in MotoGP's Dorna Sports faces significant opposition from EU antitrust regulators.

Liberty Media's proposed $4.4 billion acquisition of MotoGP, the premier motorcycle racing series, has encountered regulatory scrutiny in Europe. The European Commission is concerned that the deal could lead to a significant reduction in competition within the motorsport industry, particularly given Liberty Media's existing ownership of Formula 1. This scrutiny stems from fears that the consolidation might give Liberty Media excessive control over major motorsport events, potentially affecting pricing, broadcasting rights, and the overall market dynamics. The deal, which would see Liberty Media take over from Dorna Sports, is currently under review to assess its impact on competition and consumers. The outcome of this review could either delay or alter the terms of the acquisition, as European regulators weigh the benefits of the deal against potential anti-competitive effects.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/sports/racing/liberty-medias-44-billion-motogp-deal-hits-european-roadblock-2000804 ]

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