A Likely Delay in Disney-Reliance OTT Merger

The merger between Mukesh Ambani’s Reliance Industries Limited’s Viacom18 and Walt Disney’s Star India might face delays despite receiving approval from the National Company Law Tribunal (NCLT) last month. The delay is because the Competition Commission of India (CCI) wants to study the merger closely to see how it will affect market competition. Both companies have submitted a form called Form 2, which is used to notify the CCI about big mergers that could impact competition.