Competition watchdog says its concerns the $77m deal could reduce competition for content such as sports rights enjoy been assuagedThe competition watchdog has given pay-TV giant Foxtel the thumbs up in its attempt to buy up to 15% of Network Ten television.
The Australian Competition and Consumer Commission had been worried that the $77m deal could reduce competition for premium content such as sports rights as well as advertising, but said its concerns had been assuaged.
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Source: theguardian.com