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Murdoch faces broadcasting standards investigation

14 Septembre 2017

On Tuesday, Bradley gave Fox and Sky 10 days to submit more comments or declarations before issuing her final decision on sending the bid to the Competition and Markets Authority.

"Yesterday I received letters on behalf of both parties to the merger, confirming that while they disagree with my "minded to" decision they would not be making substantive representations in relation to it", she told parliament.

Culture Secretary Karen Bradley has confirmed her intention to refer the proposed merger of 21st Century Fox and Sky on the grounds of the genuine commitment to broadcasting standards and media plurality. The government will then come to a final decision on whether or not the merger can proceed. "I will also publish the substantive representations I have received during this process shortly". She could also attach conditions that would apply if 21st Century Fox wants to complete the deal.

The Murdoch family is attempting to purchase the 61% of Sky which it does not now own.

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It had been expected that Bradley would order an inquiry by the competition regulator on the grounds of media plurality.

Her referral on broadcasting standards grounds flies in the face of recommendations made in a report by communications regulator Ofcom.

"Now the CMA must use their extensive powers to dig up the Murdoch's darkest secrets".

In a short statement to the stock market, Sky said: "We note the swift decision to now refer this to the CMA and will continue to engage constructively in this process". "We now, therefore, look forward to engaging constructively with the CMA, as independent authority, and hope that the findings of this process will be respected" by Bradley, Fox said.

Murdoch faces broadcasting standards investigation