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Disney-Fox transaction puts antitrust enforcers in bind over Trump ally
Complicating any review of mega-deal is friendship and political ties between US president and Rupert Murdoch
The White House said Mr Trump "congratulated" Mr Murdoch on the Disney-Fox deal, while noting that "this could be a great thing for jobs". But analysts argued that it was likely to reduce jobs.
PHOTO: AFP
The White House said Mr Trump "congratulated" Mr Murdoch on the Disney-Fox deal, while noting that "this could be a great thing for jobs". But analysts argued that it was likely to reduce jobs.
PHOTO: REUTERS
The White House said Mr Trump "congratulated" Mr Murdoch (above) on the Disney-Fox deal, while noting that "this could be a great thing for jobs". But analysts argued that it was likely to reduce jobs.
PHOTO: AFP
Washington
THE blockbuster deal between Walt Disney Co and 21st Century Fox could likely put US antitrust enforcers in an awkward position following the government's challenge to another media-entertainment mega-deal.
The US$52 billion deal would give Disney the prized Fox...
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