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UK regulator says Fox buying Sky is not in the public interest

UK regulator says Fox buying Sky is not in the public interest

Britain's competition regulator has told Rupert Murdoch his $15 billion takeover of Sky was not in the public interest and would be blocked unless there was a way to prevent the tycoon from influencing the network's news output.

The initial ruling complicates a plan by Walt Disney Co to buy the majority of Murdoch's assets, including Sky. Disney had hoped that Murdoch would...

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