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Bundeskartellamt prohibits merger between CTS Eventim and Four Artists

Date of issue: 23.11.2017

Bundeskartellamt prohibits merger between CTS Eventim and Four Artists

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The Bundeskartellamt has prohibited the planned acquisition by CTS Eventim AG & Co. KGaA of the majority of shares in the companies belonging to Konzert- und Veranstaltungsagentur Four Artists - Four Artists Booking Agentur GmbH and Four Artists Events GmbH.

According to the Bundeskartellamt's assessment, the acquisition of Four Artists would strengthen CTS's dominant position vis-a-vis other event organisers and advance booking offices on the two-sided market for ticketing services and thus significantly impede effective competition on the markets affected.

Press release (pdf)