Rupert Murdoch’s Sky bid is not in public interest, says regulator

CMA rules against 21st Century Fox’s bid to take control of 61% of Sky it does not already ownRupert Murdoch’s £11.7bn bid to take full control of Sky could be blocked after the UK competition regulator said the deal would give his family to much control over UK news media. The Competition and Markets Authority said 21st Century Fox’s bid to take control of the 61% of Sky it does not already own was not in the public interest due to concerns about media plurality. Continu