Hunt plans inquiry into BSkyB bid

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  • xman
    Admin
    • Sep 2006
    • 24007

    Hunt plans inquiry into BSkyB bid

    25 January 2011 Last updated at 02:49 ET The Culture Secretary, Jeremy Hunt, has said that he intends to refer News Corporation's bid for BSkyB to the Competition Commission.

    But he has given News Corp extra time to address concerns he has regarding "potential threats to media plurality".

    These concerns were identified in a report by the media watchdog Ofcom, which also recommended referring the merger to the Competition Commission.

    News Corp already has a 39% stake in BSkyB and is trying to buy the rest.

    It also owns UK newspapers the Sun, News of the World, the Times and Sunday Times.





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