UK Regulators: Fox’s Sky Merger Would Give Murdoch Too Much Media Control
LONDON (AP) — British regulators say 21st Century Fox’s takeover of London-based broadcaster Sky is not in the public interest because it would give Rupert Murdoch and his family too much control over the country’s news media.
But the regulators offered potential solutions to their objections, including the spin-off of Sky News or “behavioral remedies” that would reduce the Murdoch family’s ability to direct Sky’s news coverage.
The rest of the world is taking note what happened here…