21st Century Fox Faces a Showdown with British Regulators<br />As part of their review, British regulators are scrutinizing whether 21st Century Fox meets the country’s broadcasting standards<br />and whether the 11.7 billion pound, or $14.9 billion, takeover would unfairly hamper the British media landscape.<br />When the company tried to acquire Sky in 2010, Ofcom criticized James Murdoch’s handling of a phone hacking scandal at The News of the World, a British newspaper — since shuttered —<br />that was then part of News Corporation, a predecessor to 21st Century Fox.<br />By MARK SCOTT and EMILY STEELJUNE 19, 2017<br />Rupert Murdoch’s legacy as a media mogul will be tested on Tuesday when British regulators report to the government<br />whether 21st Century Fox should be allowed to buy the rest of Sky, the British satellite giant.<br />Two politically independent British regulators — the Office of Communications, or Ofcom,<br />and the Competition and Markets Authority — were asked by the government to review 21st Century Fox’s proposed takeover of Sky soon after the deal was announced in December.
