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Disney offers EU antitrust concessions over Fox deal

October 16, 2018 00:00:00


BRUSSELS, Oct 15 (Reuters): Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said on Monday.

Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's website which however did not provide details.

The Commission extended its deadline for reviewing the deal to Nov. 11 from Oct. 19. It is now expected to seek feedback from customers and rivals before deciding whether to accept the concessions or demand more.


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