RESTRICTIVE BUSINESS PRACTICES : COMESA COMPETITON COMMISSION FINES THE CONFERATION OF AFRICAN FOOTBALL (CAF) AND BEIN MEDIA GROUP LLC (bEIN) FOR BREACH OF THE COMESA COMPETITON REGULATIONS
2024-01-26
The COMESA Competiton Commission (the "Commission") has imposed a fine of USD 300,000 on each of CAF and beIN for breaching article 16(1) of the COMESA Competition Regulations (the "Regulations").In 2017, the Commission initiated an investigation againest CAF in relation to agreements concluded with the third parties for the commercialization of rights pertaining to the CAF football competitions. In 2019, the Commission issued notices of investigation againest largardere sports S.A.S ("Largardere Sports") and beIN, in connection with two memoranda of understanding entered into between largardere sports and beIN in 2014 and 2016 respectively for the Commercialization of media rights of football competitions organized by CAF (the "beIN Agreements").
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