License Global
October 15, 2018
The European Commission has extended its deadline to review the deal from Oct. 19 to Nov. 11.
According to
THR
, regulators will consider feedback from the two media giants’ customers and rivals before accepting the concessions or demanding more. Regulators will likely consider whether the acquisition–and the combined group’s potential force in the theatrical market–constitutes a breach of EU antitrust law.
Disney has already been granted approval for the deal from the U.S. Justice Department on the condition that sells Fox’s 22 regional sports networks.
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