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EU antitrust regulators to rule on Comcast, sky deal by June 15

Published 08/05/2018, 10:39
Updated 08/05/2018, 10:40
© Reuters. Sky News logo is seen in west London
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BRUSSELS (Reuters) - EU antitrust regulators will rule on U.S. cable operator Comcast's (O:CMCSA) 22-billion-pound bid for British pay-TV company Sky (L:SKYB) by June 15, the European Commission said on Tuesday.

Comcast filed for EU approval for the deal on May 7, confirming a Reuters story.]

The world's biggest entertainment company is competing with Rupert Murdoch's Twenty-First Century Fox (O:FOXA) to win over Sky. Fox has run into various stumbling blocks since agreeing to a Sky takeover in December 2016.

© Reuters. Sky News logo is seen in west London

The EU competition enforcer can give the go-ahead to Comcast's bid with or without concessions, or it can kick off a four-month long investigation if the company is not able to satisfy regulatory concerns.

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