EU set to approve the News Corp buy - up of BSkyB

The European Commission, which is attached a date limit from December 22 to report on the impact of the proposed transaction have not found any problem of substantial competition, according to sources close to the situation.

Competition authority should approve plans without accepting the concessions offered by News Corp in recent weeks. However, sources warned that the final decision had not yet taken place and was still subject to a last minute change.

News Corp., which holds the Times, The Sunday Times, the Sun and news in the world to the United Kingdom wants to buy the issue of BSkyB 61pc already have to consolidate its activities.

The survey, which focused only on anti-trust, discussed in particular issues of advertising on the backs of concerns that a single owner of Sky Deutsche, Sky Italia and the United Kingdom Sky would be too dominant market.

OFCOM, the UK regulator is to submit a report to the Government on the issue of whether the agreement should be submitted to the Competition Commission and also conducts a probe on the plurality of the media impact on December 31.

Concerns have been raised on the strength of group combined to the British market and "bundling" products of the television and newspaper advertising.

In a memorandum of 13 pages to OFCOM BSkyB said its channel Sky News a small part of the national TV news listen to 7pc autour and has invested in this as a "service separate news, independent and impartial.


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