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CCI approves merger between Jio Cinema OTT & Viacom18 Media

The Competition Commission of India (CCI) has approved the merger between Jio Cinema OTT and Viacom18 Media.

The regulator’s decision followed an investment by Bodhi Tree Systems (BTS1) and Reliance Projects and Property Management Services Limited (RPPMSL). It said that the merger did not raise any concerns of competition. It also added that the merger is not likely to impact competition negatively.

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