Competition and Markets Authority


Fox’s takeover of Sky ‘not in the public interest’

21st Century Fox’s second attempt to buy up UK satellite TV operator Sky has been provisionally blocked by the UK’s Competition and Markets Authority (CMA). Having failed to get a deal over the line in 2011 after revelations around the News International phone hacking scandal, the new approach has been rebuffed on media plurality grounds. […]

CMA details scope of Fox-Sky investigation in issues statement

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 (€20.5 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 […]

CMA names investigation group for Fox-Sky deal

The Competition and Markets Authority (CMA) has appointed the investigation group that will put together its report into 21st Century Fox’s planned £18.5 billion (€20.5 billion) takeover of Sky. Anne Lambert will chair the group. She was appointed panel chair and panel member non-executive director of the CMA in October 2016, having been an inquiry chair […]

Confirmed: Sky deal referred to regulator for six-month review

The UK government has confirmed that 21st Century Fox’s planned £18.5 billion (€20.5 billion) takeover of Sky will be referred to the Competition and Markets Authority. Culture secretary Karen Bradley announced her final decision today, after saying earlier this week that she was minded to refer the deal over concerns about both broadcasting standards and […]

Bradley minded to refer Sky deal over broadcasting standards

Karen Bradley has said she is “minded” to refer the proposed merger between 21st Century Fox and Sky to regulators over concerns about broadcasting standards. The UK culture secretary previously said she intended to refer 21st Century Fox’s £18.5 billion (€20.5 billion) takeover of Sky to the Competition and Markets Authority (CMA) on the grounds of […]

Sky bid ‘will be referred’ in absence of new evidence

UK secretary of state for digital culture, media and sport Karen Bradley has pushed back a decision on whether to refer 21st Century Fox’s acquisition of Sky until she has looked at all representations on the matter, but said it was highly likely the bid would be referred to the Competition and Markets Authority on […]

Sky-Fox inquiry extended until after UK election

UK culture secretary, Karen Bradley, has extended the investigation deadline for 21st Century Fox’s planned £11.7 billion takeover of Sky until after the UK general election. In a statement published Friday, Bradley said she had written to UK broadcast regulator Ofcom and the Competition and Markets Authority (CMA), extending the period within which they must report […]

UK government refers Sky takeover to regulators

The UK government has formally referred 21st Century Fox’s planned £11.7 billion takeover of the 61% it does not already own of Sky to regulators. Speaking in the House of Commons this morning, culture secretary Karen Bradley said that it was “wholly appropriate” to seek comprehensive advice from broadcast regulator Ofcom on public interest considerations, […]

UK minister ‘minded’ to refer Sky deal to Ofcom

UK culture secretary Karen Bradley has said she is “minded” to refer 21st Century Fox’s full takeover of Sky to regulator Ofcom on public interest grounds. In a statement published Friday, Bradley said that said that she would make her final decision in the week beginning March 13 about whether to issue a European Intervention […]

BT’s EE buyout gets final approval

BT’s £12.5 billion (€16.7 billion) buyout of UK mobile operator EE has gained final approval, without conditions, from the British Competition and Markets Authority (CMA). The green light means the companies will now close the deal on January 29, with EE’s current owners Deutsche Telekom and Orange to receive 12% and 4% of BT’s shares […]