ZEE-Sony merger – drop in market share to help get CCI approval
By
Biju Kumar
The Competition Commission of India (CCI) has raised some queries regarding the proposed merger of Sony Pictures Networks India (SPN) and homegrown media network Zee Entertainment Enterprises NSE -2.61 % (ZEE), as per a media report.
A Reuters news report said the watchdog felt the Sony-Zee merger could hurt competition, and that more scrutiny was needed.