Reuters has reported that the takeover of Virgin Media has had the thumbs up by the EU authorities:
"US cable firm Liberty Global has won unconditional EU regulatory approval on Monday for its $15.8 billion (£10.3 billion) takeover of Virgin Media.
The European Commission said it did not have any competition concerns regarding the takeover, confirming a Reuters report last week.
The EU antitrust authority said this was because the companies operated cable networks in different EU countries and because of the merged group's limited market position in wholesale TV channels in Britain and Ireland."
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