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’Apr’
’11’
Sports: European Commission raids London offices of Murdoch’s Fox as part of sports cartel probe
PublishedBy: in Business Insider/SportsApril 11, 2018

Rupert Murdoch

The unannounced raids are part of an as yet unannounced sports rights competition probe.

  • Fox's London offices were raided by the European Commission on Tuesday, according to reports.
  • The raid is part of a probe into an alleged sports rights "cartel" that has yet to be made public.

LONDON — The European Commission has raided the London offices of Rupert Murdoch's Fox network as part of a competition probe into the market for sports rights.

The Daily Telegraph first reported the raid, which is said to have happened at the company's Hammersmith, West London, offices on Tuesday. Fox Networks did not immediately respond to Business Insider's request for information.

The Commission confirmed in a statement that it "carried out unannounced inspections in several Member States at the premises of companies active in the distribution of media rights and related rights pertaining to various sports events and/or their broadcasting" on Tuesday.

The statement continued: "The Commission has concerns that the companies involved may have violated EU antitrust rules that prohibit cartels and restrictive business practices. The Commission officials were accompanied by their counterparts from the relevant national competition authorities.

"Unannounced inspections are a preliminary step into suspected anticompetitive practices. The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behaviour nor does it prejudge the outcome of the investigation itself."

21st Century Fox is currently trying to gain regulatory approval in the UK for a merger with Sky, both of which are owned by billionaire Rupert Murdoch.

The details of the European Commission's probe have yet to be made public. Sky News reports that investigators from the commission removed computers and documents from Fox's London offices on Tuesday.

A spokesperson for Fox told the Daily Telegraph: "Fox Networks Group (FNG) is cooperating fully with the EC inspection."

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’Apr’
’11’
Sports: European Commission raids London offices of Murdoch’s Fox as part of sports cartel probe

Rupert Murdoch

The unannounced raids are part of an as yet unannounced sports rights competition probe.

  • Fox's London offices were raided by the European Commission on Tuesday, according to reports.
  • The raid is part of a probe into an alleged sports rights "cartel" that has yet to be made public.

LONDON — The European Commission has raided the London offices of Rupert Murdoch's Fox network as part of a competition probe into the market for sports rights.

The Daily Telegraph first reported the raid, which is said to have happened at the company's Hammersmith, West London, offices on Tuesday. Fox Networks did not immediately respond to Business Insider's request for information.

The Commission confirmed in a statement that it "carried out unannounced inspections in several Member States at the premises of companies active in the distribution of media rights and related rights pertaining to various sports events and/or their broadcasting" on Tuesday.

The statement continued: "The Commission has concerns that the companies involved may have violated EU antitrust rules that prohibit cartels and restrictive business practices. The Commission officials were accompanied by their counterparts from the relevant national competition authorities.

"Unannounced inspections are a preliminary step into suspected anticompetitive practices. The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behaviour nor does it prejudge the outcome of the investigation itself."

21st Century Fox is currently trying to gain regulatory approval in the UK for a merger with Sky, both of which are owned by billionaire Rupert Murdoch.

The details of the European Commission's probe have yet to be made public. Sky News reports that investigators from the commission removed computers and documents from Fox's London offices on Tuesday.

A spokesperson for Fox told the Daily Telegraph: "Fox Networks Group (FNG) is cooperating fully with the EC inspection."

Support 9JAKOLO NG' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to 9JAKOLO NG, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate

Related Posts



9jakoloNG

Danny S – Sho Baadi Ni

9jakoloNG

Video: Tyga feat. Rich the Kid & G-Eazy – Girls Have Fun

Comment Below!

Your email address will not be published.