UPDATE: Sky TV shares drop after regulator questions market dominance in Vodafone merger plan

Mon, 31 Oct 2016

(Recasts with market reaction, adds investor voice) By Paul McBeth and Jonathan Underhill Oct. 31 (BusinessDesk) - Sky Network Television shares fell to a four-month low after the Commerce Commission said it was concerned a merger with Vodafone New Zealand could give the enlarged group too much market power. The stock dropped almost 4 percent to $4.60 after the antitrust regulator said it was in talks with the companies to extend the application timeframe to give them the opportunity to submit on its initial view. At this stage, the co...

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