DOJ closes antitrust probe into Fox's $22bn Roku acquisition
The Department of Justice found the deal unlikely to harm competition after Fox agreed to carry non-Fox content for at least three years.
At a glance
- DOJ Antitrust Division found the $22 billion deal unlikely to harm competition
- Fox completed the Roku acquisition on Friday
- Fox committed to carrying non-Fox content for at least three years
The Department of Justice's Antitrust Division closed its investigation into Fox Corporation's acquisition of Roku, determining the deal is unlikely to result in competitive harm. Fox completed the transaction on Friday.
As part of the agreement with the DOJ, Fox made commitments regarding the carriage of non-Fox content on the platform. The company agreed to maintain this arrangement for a minimum of three years.
Why it matters
The decision clears a major regulatory hurdle for Fox's expansion into streaming distribution, allowing the company to proceed with integrating Roku into its media operations.
Original reporting
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