UK Watchdog To Probe BSkyB's Cloud Networks Buy

Law360, New York (January 31, 2011, 5:36 PM EST) -- The U.K.'s competition regulator said Monday it would examine British Sky Broadcasting Ltd.'s planned purchase of European Wi-Fi network operator The Cloud Networks Ltd. to make sure the deal won't hurt competition.

The Office of Fair Trading asked for public input on the tie-up, requesting that comments be submitted by Feb. 14.

BSkyB called the OFT's notice "standard practice" and a spokesman noted the agency's call for input would not impact the completion of the deal.

The BSkyB's purchase of Cloud Networks was announced Jan. 11, at...
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