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U.K. signals it won't block Comcast on Sky News

Photo: Andrew Harrer/Bloomberg via Getty Images

Comcast is unlikely to face the same regulatory scrutiny as rival 21st Century Fox in its $31 billion bid for Sky News, the U.K. Secretary for digital, culture, media and sport said Monday.

Why it matters: It adds to growing speculation that Fox will lose the bid for the British broadcaster to Comcast. (Sky pulled its support for an already agreed-upon deal with Fox shortly after Comcast announced its higher bid for the broadcaster in May.)