(Reuters) - UK's competition watchdog said on Thursday ticket reseller Viagogo's $4.05 billion completed deal for StubHub, the ticketing unit of U.S. e-commerce company eBay Inc (O:EBAY), will reduce competition.
The Competition and Markets Authority (CMA) said its in-depth investigation provisionally found that the merger could lead to increases in fees for customers and could result in a lower quality of service and reduced innovation in the sector.