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Wedding Planner-Zankyou deal gets conditional approval in Spain

( January 11, 2023, 11:48 GMT | Official Statement) -- MLex Summary: Wedding Planner, an online provider of such services in Spain, has received approval from the national competition agency to buy its main rival Zankyou. The CNMC said the clearance is conditional on the buyer not imposing any exclusivity agreements on commercial users of its platforms, among other obligations. Despite Wedding Planner being Spain's main online platform for the organization of weddings, followed by Zankyou, the watchdog approved the deal because the market has a certain “dynamism” and also faces competitive pressure from search engines and social networks.Statement follows. ...

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