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In September Competition Commission of India (CCI) approved the amalgamation of the _________OTT platform with Viacom 18 Media Private Limited (Viacom18).
  • a)
    Netflix
  • b)
    Disney Hotstar
  • c)
    Jio Cinema
  • d)
    Amazon Prime
  • e)
    SUN Next
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
In September Competition Commission of India (CCI) approved the amalg...
The Competition Commission of India (CCI) has approved the amalgamation of the Jio Cinema OTT platform with Viacom 18 Media Private Limited (Viacom18).
This approval by the watchdog follows an investment by BTS Investment 1 Pte. Ltd. (BTS1) and Reliance Projects and Property Management Services Limited (RPPMSL).
BTS1 is a company incorporated under the laws of Singapore. It is currently in the process of raising capital from various investors including sovereign funds, multinationals, and global institutional investors.
RPPMSL, a wholly owned subsidiary of Reliance Industries Limited, is engaged in the provision of IT support services, and business and infrastructure support services.
RPPMSL is also presently engaged in the business of owning and operating the Jio Cinema OTT platform.
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In September Competition Commission of India (CCI) approved the amalgamation of the _________OTT platform with Viacom 18 Media Private Limited (Viacom18).a)Netflixb)Disney Hotstarc)Jio Cinemad)Amazon Primee)SUN NextCorrect answer is option 'C'. Can you explain this answer?
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