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India: CCI probing BCCI for allegedly arm-twisting broadcasters

 |  October 1, 2012

India’s watchdog and anti-competition body is probing the country’s cricket board. It has alleged the board of abusing its dominant power as both an operator and regulator of the game, to arm-twist its broadcasters, and the sponsors of the Indian Premier League. The media rights for IPL were given to a Sony Television Network and WSG combine in 2008 for $1.026 billion USD. BCCI later cancelled the 2008 deal and renegotiated with WSG for international rights and MSM for India rights for 9 years. BCCI, in 2010, terminated all media rights that it had given to WSG when it found that it had taken a 425-crore (1 crore= $200,000 USD) facilitation fee from Sony.

Full Content: Economic Times

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