The UK OFT clears acquisition in the broadcasting sector (BT / ESPN)

The Office of Fair Trading (OFT) has cleared British Telecoms plc's (BT) proposed acquisition of ESPN Global Ltd (ESPN), despite finding that the failing firm defence was not fulfilled. Factual Background ESPN was a wholly owned subsidiary of the US based television sports broadcaster ESPN Inc. ESPN operated 3 channels in the UK, with turnover for 2012 of £131 million. In 2011, ESPN lost its rights to broadcast live Football Association Premier League Rights (FAPL) events from 31 July 2013 and had been considering exiting the UK. BT is a UK based multinational

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Ilan Sherr, The UK OFT clears acquisition in the broadcasting sector (BT / ESPN), 18 July 2013, e-Competitions Bulletin Sport, Art. N° 54281

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