Rupert Murdoch's £11.7bn Sky bid looks set to face UK competition probe

The UK's competition watchdog looks poised to launch an in-depth investigation into Rupert Murdoch's £11.7bn swoop for Sky after British culture secretary Karen Bradley said she was "minded" to refer the bid for further scrutiny.

Rupert Murdoch's £11.7bn Sky bid looks set to face UK competition probe

The UK's competition watchdog looks poised to launch an in-depth investigation into Rupert Murdoch's £11.7bn swoop for Sky after British culture secretary Karen Bradley said she was "minded" to refer the bid for further scrutiny.

Speaking in the Commons, Ms Bradley said an Ofcom report found that the attempt by Murdoch's 21st Century Fox to acquire the 61% of Sky it does not already own risks handing the tycoon's family "increased influence" over the UK's news agenda and the political process.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited