Competition and Markets Authority

Fox still confident of Sky approval

21st Century Fox remains confident that it will secure regulatory approval for its acquisition of Sky by the middle ofthis year, despite the Competition And Markets Authority’s provisional ruling in January that the deal was “not in the public interest”. The UK competition watchdog provisionally blocked the takeover on the grounds that the acquisition of 100% […]

Watchdog details scope of Fox-Sky investigation

The Competition and Markets Authority (CMA) has published an issues statement outlining the scope of its investigation into 21st Century Fox’s planned £18.5 billion (US$24.4 billion) takeover of Sky. The CMA, which will investigate the deal on the grounds of media plurality and broadcasting standards, set out the main issues it likely to consider in […]