U.S. Senator Amy Klobuchar from Minnesota released the following statement on the announcement of Disney’s acquisition of 21st Century Fox:
This week we have seen the announcement of another industry-changing merger, which would have major implications in television, film, and media. Yesterday, Disney announced that it is acquiring 21st Century Fox’s film and television studios, cable entertainment networks, and international television businesses. I’m concerned about the impact of this transaction on American consumers.
As the Ranking Member of the Senate Judiciary Subcommittee on Antitrust, I have asked Senator Lee, who has worked closely with me in this area in the past, and Chairman Grassley to schedule a hearing on the proposed merger so that there is appropriate oversight over the antitrust review process.
Klobuchar is the Ranking Member on the Subcommittee on Antitrust, Competition Policy and Consumer Rights. The Subcommittee’s chairman, Senator Mike Lee from Utah, has not commented on the deal.