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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/europe-may-clear-murdochs-sky-deal.jpg"><img class="alignnone size-full" title="Rupert Murdoch's News Corporation is expected to be told this week that regulators in Brussels have no objections to its bid to buy BSkyB" src="http://londonglossy.com/wp-content/uploads/2010/12/min-europe-may-clear-murdochs-sky-deal.jpg" alt="Rupert Murdoch's News Corporation is expected to be told this week that regulators in Brussels have no objections to its bid to buy BSkyB"/></a></p>
<p>Rupert Murdoch&#8217;s News Corporation is expected to be told this week that regulators in Brussels have no objections to its £7.8 billion bid to buy BSkyB, according to press reports.</p>
<p>Sources close to the deal told The Sunday Telegraph that the European Commission (EC), which set itself a deadline of December 22 to report on the impact of the proposed deal, have not found any significant competition problems.</p>
<p>But the deal will still come under the scrutiny of industry regulator Ofcom, which will decide by 31 December whether to refer the bid to the Competition Commission.</p>
<p>News Corporation, which owns The Times, The Sunday Times, The Sun and the News of the World in the UK, wants to buy the 61% stake of BSkyB it doesn&#8217;t already own.</p>
<p>The EC&#8217;s investigation, which focused purely on anti-trust issues, scrutinised the advertising market in particular on the back of concerns that a single owner of Sky Deutsche, Sky Italia and Sky in the UK would be too dominant.</p>
<p>The source told the newspaper that although the EC could not see any major problems, it had not made a final decision and could still be changed at the last minute.</p>
<p>Business secretary Vince Cable ordered Ofcom to carry out a media plurality test on the deal following an outcry from media groups, including the BBC and Channel 4.</p>
<p>Concerns have been raised about the advertising strength of the combined group within the UK market and about &#8220;bundling&#8221; of television and newspaper products.</p>
<p>In a submission to regulator Ofcom, BSkyB said there could be less choice of independent news if the Government blocked News Corporation&#8217;s bid.</p>
<p>Rejecting a takeover on the grounds of it reducing the number of independent voices in the market &#8220;could perversely increase the risk of that very situation&#8221;, it said.</p>
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