BRITAIN: European Authorities Raid Fox Headquarters

CNBC reports:

European Commission investigators raided Twenty-First Century Fox’s London office on Tuesday. Sources at the location told the newspaper that authorities were trying to be discreet and had been told to keep details of their mission confidential. The Telegraph reported that investigators will be on site through Wednesday and maybe Thursday. The raid comes amid Fox’s drawn out takeover of Sky, which has fallen under intense scrutiny by regulators at the U.K.’s Competition and Markets Authority.

Reuters reports:

A unit of Rupert Murdoch’s 21st Century Fox said it was cooperating with an inspection by the European Commission after the Telegraph newspaper reported that officials had raided its offices in London. “Fox Networks Group (FNG) is cooperating fully with the EC inspection,” a spokesman said. FNG is an operating unit of Fox, which distributes TV and cable channels and content around the world.