CADE announced on Monday, December 3, that a deal by Walt Disney to buy Twenty-First Century Fox‘s entertainment assets raised concerns about undermining competition in the cable television market.
A CADE report prepared to inform a subsequent ruling by the regulator said the deal would result in “a significant increase in concentration in the market of sports channels on cable TV and a high probability that Disney could control the market.”
This could “potentially reduce the quality and diversity of the sports content available, besides raising costs that could be passed on to consumers,” the report stated.
Full Content: US News
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