Fox takeover of Sky not in public interest, UK competition watchdog finds

The proposed £11.7 billion takeover of Sky by 21st Century Fox is not in the public interest as the combined group would have too much control over UK news media, the British competition watchdog has provisionally found.

The proposed £11.7 billion takeover of Sky by 21st Century Fox is not in the public interest as the combined group would have too much control over UK news media, the British competition watchdog has provisionally found.

The Competition and Markets Authority (CMA) said if Rupert Murdoch-owned Fox’s plan to take full control of Sky went ahead, it was "likely to operate against the public interest".