Murdoch Offices Raided By European Commission Due To “Antitrust Violations”

Murdoch Offices Raided By European Commission Due To “Antitrust Violations”
SHARE
THIS



A division of Rupert Murdoch’s media empire has been raided in London by the European Commission (EC) on account of violating “EU antitrust rules”.

Documents relating to sports media rights were seized at the London offices of 21st Century Fox in an “unannounced inspection”.

In a statement, the EC said: “The Commission has concerns that the companies involved may have violated EU antitrust rules that prohibit cartels and restrictive business practices.”

“Unannounced inspections are a preliminary step into suspected anticompetitive practices.”

“(It) … does not mean that the companies are guilty of anti-competitive behaviour nor does it prejudge the outcome of the investigation itself.”

The EC also raided other a number of other EU companies involved in sports rights as part of the move, though it is not clear which businesses these are.

“There is no legal deadline to complete inquiries into anticompetitive conduct,” the EC added.

“Their duration depends on a number of factors, including the complexity of each case, the extent to which the undertakings concerned co-operate with the Commission and the exercise of the rights of defence.”

A spokesperson from Fox Networks Group (FNG) said in a statement: “Fox Networks Group is cooperating fully with the EC inspection”.

According to sources close to the raid, commission officials kept a relatively low profile during the raid and staff were reportedly told to keep details of the activity a secret.

The raid follows the recent news Fox is attempting to complete its drawn-out takeover of Sky.

Please login with linkedin to comment

century fox european commission Fox Rupert Murdoch Sky

Latest News

The Mint Partners Wins Pernod Ricard, Cemoy & Little National
  • Advertising

The Mint Partners Wins Pernod Ricard, Cemoy & Little National

Independent communications consultancy The Mint Partners has bolstered its integrated client roster and signed a number of premium lifestyle brands to kick start the new financial year. With an array of new products, services, and a focus on insight-led and creative integrated communications, MINT has enjoyed recent success with an expanded portfolio across new categories including fintech, […]

opr Adds DocuSign To Client Roster
  • Media

opr Adds DocuSign To Client Roster

Sure, it might not be a Coke or a Qantas, but opr think this win significant enough to send well-meaning press release.

Stan Acquires Heckler Co-Produced Biopic On F1 champion Sir Jack Brabham
  • Media

Stan Acquires Heckler Co-Produced Biopic On F1 champion Sir Jack Brabham

A feature length documentary on the extraordinary racing career of Australia’s first Formula 1 champion, Sir Jack Brabham, co-produced by design, animation and visual effects house Heckler, will be available on Stan exclusively from this Friday – 7 August. Directed by Ákos Armont (Aurora Films) in association with Heckler, whose co-founder Will Alexander served as […]

Would TikTok Be Missed?
  • Opinion

Would TikTok Be Missed?

Columnist poses the question - would TikTok be missed? B&T says not as much as vanilla Paddle-Pops or Best Of Red Faces.

Opinion

by B&T Magazine

B&T Magazine
Jamie Whincup And A Host Of Aussie Personalities Star In Club Marine Series
  • Media

Jamie Whincup And A Host Of Aussie Personalities Star In Club Marine Series

In a first for the Australian insurance market, Club Marine, Australia’s largest provider of boat and pleasure-craft insurance, has released a new series of videos to help explain insurance cover. With a few familiar Aussie personalities to help out, Club Marine is helping its members, as well as the broader boating community, to understand the […]