CMA provisionally finds Fox/Sky deal not in the public interest - GOV.UK

CMA provisionally finds Fox/Sky deal not in the public interest - GOV.UK: "Fox announced on 14 December 2017 it had agreed the sale to Disney of certain assets including its interests in Sky. It also announced it was continuing its proposed acquisition of the shares in Sky it does not own. Should both acquisitions be completed successfully Disney would assume full ownership of Sky, including Sky News.

The sale to Disney will itself be subject to regulatory scrutiny and it is unlikely to be completed until after the CMA inquiry has concluded. It is therefore uncertain whether, when or how that transaction will be completed. As such, the CMA’s analysis of the Fox/Sky transaction cannot take it into account in its assessment of the transaction but implications of the Disney transaction in relation to remedies is considered in the notice of possible remedies." 'via Blog this'