World Government: Red China may block Disney-Fox Deal in USA

Although already given a green light by shareholders and the U.S. Department of Justice, the Disney-Fox deal requires antitrust approval from a number of national regulators around the world. And the growth of China’s massive marketplace gives Beijing’s voice, in particular, considerable sway. American chipmaker Qualcomm, for example, saw its $44 billion acquisition of a Dutch semiconductor company go bust in July when China declined to rule on the transaction.