Saudi Arabia permanently cancels licence of Qatar's beIN Sports

GAC said in a statement carried on its website and by state television that it was also fining beIN Sports 10 million riyals ($2.67 million) for practices "that restrict competition". There was no immediate comment from beIN or Qatari authorities.

Saudi Arabia's General Authority for Competition (GAC) said on Tuesday it has permanently canceled the license of Qatari broadcaster beIN Sports, which has been barred from broadcasting in the kingdom since mid-2017 under a dispute with Qatar. GAC said in a statement carried on its website and by state television that it was also fining beIN Sports 10 million riyals ($2.67 million) for practices "that restrict competition".

There was no immediate comment from beIN or Qatari authorities. ($1 = 3.7506 riyals)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)