Deals
Comcast Clears EU Antitrust Hurdle for Sky Ahead of Disney Fight
- European Commission says Comcast and Sky aren’t direct rivals
- Comcast, Disney are in bidding war for Murdoch assets
Photographer: Simon Dawson/Bloomberg
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Comcast Corp. won unconditional European Union approval for its bid to buy Sky Plc as Comcast and Walt Disney Co. jostle to acquire much of Rupert Murdoch’s 21st Century Fox Inc.
The European Commission found "no competition concerns in Europe," according to an emailed statement Friday. Comcast and Sky are mainly active on different levels of the market, it said.