Brazil approves Disney's purchase of Fox assets, paving the way for the deal to close - News Summed Up

Brazil approves Disney's purchase of Fox assets, paving the way for the deal to close


The regulator worried that if Disney operated the two channels that "would leave the pay-TV sports channel segment even more concentrated, with a high likelihood of Disney's exercise of market power,” Cade said. “In addition, there would be potential for reducing the quality and diversity of available sports content, as well as increasing costs that could be passed on to consumers.”


Source: Los Angeles Times February 27, 2019 21:40 UTC



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