The EU Commission has given its unconditional approval under the EU Merger Regulation of the proposed acquisition of Sky by U.S. media giant Twenty-First Century Fox.
The Commission concluded that the transaction – which would combine Sky plc (Sky), the leading pay-TV operator in Austria, Germany, Ireland, Italy and the UK and Twenty-First Century Fox, Inc (Fox), one of the six major Hollywood film studios (20th Century Fox), as well as a TV channel operator (Fox, National Geographic) – would raise no competition concerns in Europe.