CCI's Aug. 3 notice stated the watchdog is of the view that a further investigation is merited.
This agreement allows Zee to be the exclusive television rights holder for ICC men's events.
The event will take place in Singapore at the Capella from 27-29 September 2022.
Post-merger, it will be one of the largest M&E companies in India with close to $2 bn in revenue.
Goenka was awarded for his invaluable contribution towards the growth of the M&E industry.
