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US: YouTube’s Twitch buyout to face regulatory hurdles

 |  May 19, 2014

As sources come forward with information that Google-owned video streaming site YouTube is set to acquire video game platform Twitch in a deal valued at more than $1 billion, reports say the acquisition will not come free of regulatory hurdles.

While unnamed sources say the deal should be announced soon, reports say Google is preparing for a stringent antitrust review of the deal. YouTube is currently the number-one online video platform, a fact that could raise competition concerns with the Department of Justice, which reports expect to review the acquisition.

According to reports, Twitch holds about 1.8 percent of the market share.

Neither YouTube nor Google have confirmed reports of the buyout plans.

Full content: Centrio Times

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