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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 23, 2025

    Featured image for article about Headlines

    BRUSSELS (Reuters) -Formula One owner Liberty Media received unconditional clearance from EU regulators for its acquisition of Dorna Sports, which owns MotoGP, the European Commission said on Monday.

    Liberty Media had argued the transaction would allow it to grow the reach and appeal of MotoGP.

    The commission said the decision followed a lengthy probe that examined if the acquisition would reduce competition for the licensing of sports content broadcasting rights.

    "Based on the evidence gathered, the Commission found that on such markets the companies are not close competitors for the licensing of broadcasting rights for sports content," the commission said in a statement.

    "Therefore, the transaction will not remove important competitive constraints between Formula 1 and MotoGP," it added.

    Reuters had reported that EU regulators were poised to approve the acquisition in April. Liberty Media had announced the 3.5-billion-euro deal to purchase an 86% stake in Dorna in April 2024.

    (Reporting by Makini Brice; Editing by Sudip Kar-Gupta)

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