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Hunt refers News Corp, BSkyB deal to Competition Commission

Tuesday 12 July 2011 | 10:08 CET | News
News Corp has withdrawn its proposed undertakings with respect to its planned acquisition of British Sky Broadcasting. In order to avoid a referral to the Competition Commission, News Corp had agreed to spin off Sky News as it looked to gain full control of BSkyB. These pledges have now been withdrawn. News Corp continues to believe that its proposed acquisition of BSkyB would not affect media plurality in the UK. As a result, the Secretary of State for Culture, Olympics, Media and Sport Jeremy Hunt announced to Parliament that the proposed deal would now be referred to the Competition

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Categories: Broadcast & Satellite / Internet
Companies: British Sky Broadcasting / News Corp
Countries: United Kingdom
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