The boss of System E desires the European Fee to look into Liberty Media’s acquisition of the MotoGP sequence.
Alejandro Agag advised the Monetary Instances that as a result of Liberty already owns System 1, the deal would give the US-based entity “very vital” energy.
Liberty Media CEO Greg Maffei brazenly admits that the MotoGP is dependent upon regulatory approval.
“From the viewpoint of competitors regulation, I believe there are vital challenges,” Agag stated.
“The leverage that this merger will give the ensuing entity when it comes to negotiating with broadcasters can be vital and I believe the European Fee will look very rigorously at this deal.”
Agag says he’s not calling for the Fee to scupper the deal, however he desires “correct treatments to ensure equity out there”.
Curiously, the Liberty Media-linked Liberty World firm took a controlling stake within the Agag-founded System E earlier this yr.
Liberty World wouldn’t touch upon Agag’s feedback, whereas a spokesman for System E stated: “As a former politician, Alejandro has a powerful private curiosity in antitrust points and was expressing his personal views.
“We typically don’t touch upon potential offers.”
