UK regulator says Fox’s Sky takeover ‘not in public interest’

AFP

London (AFP) – Britain’s competition regulator provisionally ruled Tuesday that a takeover of satellite TV giant Sky by Rupert Murdoch’s 21st Century Fox entertaintment group was “not in the public interest”. 

The Competition and Markets Authority “has provisionally found that Fox taking full control of Sky is not in the public interest due to media plurality concerns”, it said in a statement that also proposed possible remedies, after an in-depth probe.

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