The UK Government refers a media merger to the Competition Commission finding that the proposed transaction could raise substantial issues concerning the plurality of news provision for both cross-media and television news (BSkyB/ITV)

Competition Commission, 24 May 2007, British Sky Broadcasting plc. / ITVplc. Inquiry http://www.competition-commission.o... Summary On 24 May 2007, the UK government referred the proposed acquisition by British Sky Broadcasting Group (“BSkyB”) of a 17.9% stake in ITV plc (“ITV”) to the UK Competition Commission. Alistair Darling, Secretary of State for Trade and Industry (“Secretary of State”) had earlier issued an intervention notice in respect of the transaction which required the Office of Fair Trading (“OFT”) and Office of Communications (“Ofcom”) to submit reports. In the report, the OFT noted that a merger situation has been created which could result in a substantial lessening of competition within the UK market. Ofcom also found that the transaction raises public interest issues

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Úna Glazier-Farmer, The UK Government refers a media merger to the Competition Commission finding that the proposed transaction could raise substantial issues concerning the plurality of news provision for both cross-media and television news (BSkyB/ITV), 24 May 2007, e-Competitions Bulletin May 2007, Art. N° 13979

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