AlphaTheta’s proposed takeover of DJ software company Serato has hit a regulatory problem in the UK, with the UK Government giving the companies a five-day deadline for answers before a bigger investigation into the takeover is triggered.
The companies now have to now convince the Competition and Markets Authority that the takeover will not impact “the price, quality, and innovation of DJ software”. The CMA is concerned that “the remaining (largely much smaller) suppliers would not…