>> welcome back to the best of tilburg west.otential regulatory concerns of >> it might just be the beginning of the battle. we are talking about the regulatory hurdles that a potential deal good face -- could face. ? >> welcome back to the best of tilburg west. potential regulatory concerns of the two sides agreed to a deal. what are the issues i can prevent it winning government approval? we started by asking if there are issues other than cnn that these companies need to be concerned with. >> i think if the deal goes forward, there will be a lot of issues outside of cnn. a lot of it will depend on trusting agencies to define the relevant markets. it will be everything from hollywood studios to cable networks to other assets that time warner and foxx have both in the united states and around the world. >> talk about the legal framework with which the sec will look at this. >> the sec will look at this candidly. i don't think they have any legal foundation but that won't stop them. these are entities heavily regulated and it wi