Viagogo's $4bn takeover of StubHub partially blocked
Last modified on Tue 2 Feb 2021 09.46 EST Ticket resale website Viagogo has months to sell StubHub’s operations outside North America, after the UK competition watchdog ordered it to unravel large swathes of a $4bn (£2.9bn) takeover that shook the world of live events. The Competition and Markets Authority said combining two businesses with 90% of the UK’s market for concert, theatre and sports ticket resale would have reduced competition, potentially leading to higher fees and worse service for consumers. It said Viagogo could keep StubHub’s US and Canadian operations but must sell it...