4 Members of British Parliament Urge Regulators to Block Fox Bid for Sky
Four members of the British Parliament urged the U.K. Competition and Markets Authority (CMA) to block Fox's bid for Sky. In a letter Thursday, the four said that Comcast also is bidding for Sky (see 1802270011) undercuts the threat Sky…
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raised that without a Fox deal, it might have to close Sky News (see 1711080003). They said it would be very difficult to craft effective behavioral conditions to ensure Fox doesn't influence Sky News and to create a means for monitoring such conditions. Signing the letter were Ed Miliband, Vince Cable, Kenneth Clarke and Charles Falconer. The CMA in January issued a preliminary finding that a Fox buy of Sky may not be in the public interest regarding media plurality (see 1801230010). Fox didn't comment Friday.