Illyria Pty Ltd - acquisition of Indian Premier League Twenty20 team
Type of assessment
Informal Review
Reference
31023
Acquirer(s)
Illyria
Target(s)
Indian Premier League Twenty20 team
Industry
Sport/Broadcasting
Summary
Illyria acquired a stake in an Indian Premier League Twenty20 team
Outcome of assessment
Not opposed
Total review days *
2
Commenced public review
29th January 2008
Date completed
30th January 2008
Market definition
The ACCC did not consider it necessary to form a definitive view in relation to market definition.
Competition analysis
The ACCC did not consider that the acquisition would be likely to raise any competition issues due to the size of the ownership stake and the way in which broadcast rights are to be sold in Australia.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
