Comcast good points unconditional EU antitrust approval to purchase Sky

BRUSSELS (Reuters) – EU antitrust regulators have given the inexperienced mild to U.S. cable firm Comcast’s plan to accumulate European pay-TV group Sky with out demanding concessions.

The NBC and Comcast logos are displayed on 30 Rockefeller Plaza in midtown Manhattan in New York, U.S., February 27, 2018. REUTERS/Lucas Jackson

The European Fee mentioned the deal didn’t elevate any competitors issues, confirming a Reuters story final week.

“The proposed transaction would result in solely a restricted improve in Sky’s current share of the markets for the acquisition of TV content material, in addition to available in the market for the wholesale provide of TV channels within the related member states,” the EU competitors company mentioned on Friday.

Comcast, the world’s largest leisure firm, is combating Rupert Murdoch’s Twenty-First Century Fox for Sky.

Reporting by Foo Yun Chee; enhancing by Robert-Jan Bartunek

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