The UK Competition Authority orders the divestment of a merging party’s international arm in the secondary ticketing market (Viagogo / StubHub)

On 2 February 2021, the UK Competition and Markets Authority (“CMA”) published its final report following a Phase 2 investigation of the completed acquisition by the ticket reseller viagogo of competitor StubHub (previously part of eBay Inc.). The $4.1 billion (£3.1 billion) transaction was completed in February 2020. A year later, the CMA concluded that the acquisition raised competition concerns, as it would lead to a substantial lessening of competition in the secondary ticketing market in the UK, and required viagogo to divest StubHub’s business outside North America. StubHub operates a ticketing business in various locations, including the UK and several countries in Europe, North and

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Auteurs

  • Van Bael & Bellis (London)
  • Van Bael & Bellis (London)

Citation

Marc Freedman, Todor Papanov, The UK Competition Authority orders the divestment of a merging party’s international arm in the secondary ticketing market (Viagogo / StubHub), 2 février 2021, e-Competitions February 2021, Art. N° 99552

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