Regulator raises Foxtel Austar bid concerns
Australia’s competition regulator has raised concerns that the planned A$2 billion takeover of pay-TV operator Austar by rival Foxtel, part owned by Rupert Murdoch’s News Corp, could hurt competition on three fronts. The Australian Competition and Consumer Commission (ACCC) has delayed its decision on Foxtel’s bid until September, a strong indication that it sees problems […]
