UK TO SCRU­TI­NISE FOX’S BID FOR SKY

The National - News - Business - - Inside Track -

The UK gov­ern­ment said it in­tends to ask reg­u­la­tors to fur­ther scru­ti­nise 21st Cen­tury Fox’s bid for Sky, po­ten­tially slow­ing Ru­pert Mur­doch’s at­tempt to cre­ate a transat­lantic me­dia and en­ter­tain­ment giant. The UK is in­clined to re­fer the £11.7 bil­lion (Dh55.23bn) bid to the Com­pe­ti­tion and Mar­kets Author­ity for a deeper in­ves­ti­ga­tion into the grow­ing im­pact of the Mur­doch fam­ily on me­dia plu­ral­ity, said the cul­ture sec­re­tary, Karen Bradley, in the House of Com­mons yes­ter­day.

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