Of­fices raided in sports broad­cast in­ves­ti­ga­tion

The Irish Times - Business - - MARKETS -

The Euro­pean Com­mis­sion yes­ter­day raided the of­fices of a num­ber of com­pa­nies in­volved in sports broad­cast­ing rights, in­clud­ing a unit of Ru­pert Murdoch’s Fox, as part of an in­ves­ti­ga­tion into a pos­si­ble cartel.

The com­mis­sion said it had car­ried out unan­nounced in­spec­tions in sev­eral mem­ber states at com­pa­nies that dis­trib­ute “media rights and re­lated rights per­tain­ing to var­i­ous sports events and/or their broad­cast­ing”. Fox Net­works Group (FNG), an op­er­at­ing unit of Murdoch’s 21st Cen­tury Fox that dis­trib­utes TV and ca­ble chan­nels around the world, said it was co-op­er­at­ing with the EC in­spec­tion after of­fi­cials raided its of­fices in Lon­don.

“The com­mis­sion has con­cerns that the com­pa­nies in­volved may have vi­o­lated EU an­titrust rules that pro­hibit car­tels and re­stric­tive busi­ness prac­tices,” it said .

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