News Corp is set to win European Union regulatory clearance to acquire full control of dominant British pay-TV group BSkyB without the need for concessions, a source familiar with the case said on Friday.

News Corp, which also owns British newspapers the Sun, sister paper the News of the World and the Times and Sunday Times, wants to buy the 61 percent of BSkyB it does not already own for 7.8 billion pounds ($12.19 billion) to consolidate the business it helped build.

The European Commission will say next week that the deal does not have any significant anticompetitive impact, said the source, who did not want to be otherwise identified because of the sensitivity of the issue.

The EU competition watchdog, which has set a December 22 deadline for its decision, will see no need to offer concessions offered by News Corp earlier this month, the source said.

Britain's communications regulator is also reviewing the deal to see if it will give News Corp, led by Rupert Murdoch, too much control of the media in the United Kingdom.

($1=.6400 Pound)

(Editing by Jon Loades-Carter)