Rupert Murdoch's London Fox Offices Raided by European Commission
11 April, 2018, 04:54 | Author: Brooke Harris
However, following initial reports by The Telegraph newspaper that officials had raided Fox's London offices to seize documents and records, a spokesman said the company was "fully cooperating with the EC inspection".
Commission agents are understood to have begun searching the offices in Hammersmith, West London earlier today.
Other companies involved in sports rights have also received what the EC called "unannounced inspections".
Sources have told the Telegraph that the Commission's agents were trying to keep details of the raid secret. Investigators are expected to stay there through Wednesday and possibly Thursday, the publication reported. FNG is an operating unit of 21st Century Fox, which distributes TV and cable channels and content around the world. Fox is trying to obtain permission from British regulators at the Competition and Markets Authority to complete its acquisition of Sky Plc, a deal that already has European Union approval.
Rupert Murdoch is the executive chairman of 21st Century Fox.
New York-listed entertainment titan Fox has already bid £11.4 billion for the 61-per cent of Sky it does not already own but in Britain concerns linger over the strengthening influence of Australian-born United States tycoon Murdoch.
Fox Sports, one of Fox Network Group's brands, competes with Disney, which owns ESPN.
Fox is now in the process of deliberating a takeover of British media company Sky.
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