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<a href="http://www.accessmylibrary.com/article-1G1-169488188/week-sky-stake-itv.html" title="Facts and information about The Week: Sky stake in ITV criticised by Competition Commission.(British Sky Broadcasting Group PLC)(ITV PLC)(Brief article)">The Week: Sky stake in ITV criticised by Competition Commission.(British Sky Broadcasting Group PLC)(ITV PLC)(Brief article)</a>
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The Week: Sky stake in ITV criticised by Competition Commission.(British Sky Broadcasting Group PLC)(ITV PLC)(Brief article)
Analysts suggest that BSkyB is likely to be forced to reduce its stake in ITV to below ten per cent after the Competition Commission found its shareholding was against the public interest.
The provisional ruling by the commission said that BSkyB's 17.9 per cent stake could breach competition laws by giving it the ability to 'influence ITV's key strategic decisions'. The ruling did not find cause for concern in relation to advertising or news provision. The commission will consult further on remedies, including a possible forced sale, before making its final report to John Hutton, Secretary of State for the Department of ...
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