Rupert Murdoch's Sky takeover approved by European regulator

European commission says £11.7bn bid raises no competition issues, despite fears over Murdoch’s power in UK news mediaRupert Murdoch’s £11.7bn bid to take full control of Sky has been cleared by the European competition regulator.The European commission, which has been investigating 21st Century Fox’s takeover bid since early March, has given the deal “unconditional approval”. Continue reading...