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Murdoch’s Fox wins EU approval to take over Sky

13/04/2017

REUTERS

The European Commission cleared Rupert Murdoch to take over pay-TV group Sky, leaving a British investigation into the impact on the country’s media landscape as the only remaining hurdle for the $14.5 billion deal. The Commission said the bid did not raise any competition concerns as Murdoch’s Twenty First Century Fox and Sky were active in different markets in Europe, while existing rules in European Union countries meant that rivals would still have access to Sky films and TV channels.

 

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