(Reuters) – Britain’s competition watchdog said on Wednesday it had started investigating BT Group’s deal to combine its sports broadcasting business with Warner Bros Discovery.
The Competition and Markets Authority said it had until July 28 to make its phase 1 decision as to whether the joint venture between the country’s biggest broadband and mobile provider and the U.S. company will result in lesser competition in the UK.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Rashmi Aich)
