Premier League rights will be awarded to more than one network next time they go up for grabs.
Ofcom has demanded a "no single buyer" rule is put in place at the next auction, which means that at least 42 matches per season will be reserved for a second buyer.
A minimum of 30 of these will be available for weekend broadcast.
The watchdog had been carrying out an investigation into whether or not the selling arrangements of Premier League broadcasting rights inhibited or distorted competition.
However, Ofcom has now closed the investigation, in light of the Premier League's decision to make more matches available for live broadcast to UK audiences.
Indeed, a minimum of 190 games will be shown per season from 2019-20 - an increase of at least 22 matches a season on the amount sold at auction in 2015.
"The Premier League’s decision to increase matches available in its next auction for live TV rights builds upon commitments given to the European Commission in 2006," Ofcom stated.
The regulator added that one in five football fans would like more matches to be televised live.
Research by Ofcom has also showed that while a similar proportion are happy with the number of games currently shown, they would like to see different matches broadcast.