Belgian Competition Authority expresses concerns over Ladbrokes and PMU deal
The Belgian Competition Authority (BCA) has expressed concerns and issued a statement of objections to Ladbrokes and PMU over their agreement, suggesting potential competition restrictions
The Belgian Competition Authority (BCA) has issued a statement of objections to Ladbrokes and Pari-Mutuel Urbain (PMU) regarding their recent agreement, raising concerns about potential competition restrictions in the market.
The BCA has contacted both companies, indicating that the deal allowing Ladbrokes to offer PMU's horse-racing products in Belgium may breach the country's competition rules.
The statement of objections provides an opportunity for Ladbrokes and PMU to present their perspectives on the matter.
This development follows Ladbrokes' recent enforcement action by the Advertising Standards Authority (ASA) for breaching advertising regulations.