Formula 1 owner's $3.8 billion MotoGP deal faces full-scale EU probe

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Formula 1 owner's $3.8 billion MotoGP deal faces full-scale EU probe - Business Standard

Quick Summary:

The EU’s antitrust arm usually demands remedies to solve competition concerns but sometimes also decide to give their unconditional approval if initial concerns are shown to be unfounded.

In-depth EU probes typically add about 90 working days to deal reviews — but can drag on, for example if regulators stop the clock to demand further data.

Officials are now readying a decision to start a so-called phase 2 probe by the current deadline of Dec.19, they said, adding that the European Commission’s step was still in draft form and could still change.