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Reading: ACCC Commences Review Of Foxtel-Fox Sports Merger
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B&T > Media > ACCC Commences Review Of Foxtel-Fox Sports Merger
Media

ACCC Commences Review Of Foxtel-Fox Sports Merger

Staff Writers
Published on: 16th October 2017 at 12:10 PM
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The Australian Competition and Consumer Commission (ACCC) has launched an informal review of the proposed merger between Foxtel and Fox Sports Australia.

News Corp and Telstra announced their intention to combine Foxtel and Fox Sports into a new company in August, which if approved by the competition watchdog, will see News own a 65 per cent stake in the new company, and Telstra own 35 per cent.

The ACCC’s investigation is focused on the impact on competition for the acquisition and supply of sports audio-visual content from content suppliers, competition for the supply of sports audio-visual content to viewers, the wholesale supply of fixed-line and mobile broadband services, and the supply of telecommunications services to consumers.

The watchdog is expected to hand down its decision on the proposed merger on Thursday 7 December.

 

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TAGGED: ACCC, Australian Competition and Consumer Commission, Fox Sports, Foxtel, News Corp, Telstra
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Staff Writers
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Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

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