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Australian regulator clears Fox Sports - Foxtel merger

Thursday 7 December 2017 | 07:36 CET | News
"The ACCC won't oppose this merger after finding that the commercial incentives of Foxtel, Fox Sports, News, and Telstra will not be substantially altered. Therefore, the change in ownership structure is unlikely to substantially lessen competition", said ACCC chairman Rod Sims. "Foxtel and Fox Sports have a close and long-standing relationship, operating within the ownership of News and Telstra. Given News' current interests in both Foxtel and Fox Sports, it would be unlikely that Fox Sports would be made available to competitors of Foxtel in the absence of the merger", Sims added.

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Categories: Broadcast & Satellite
Companies: Australian Competition and Consumer Commission / Foxtel / Telstra
Countries: Australia
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