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CNBC Europe has vowed to continue its fight against the Independent Television Commission after the regulatory body upheld a ruling that it was wrong to broadcast a series, funded in part by the European Union, about the introduction of the euro.
The ITC claimed the European news channel had breached its sponsorship regulations, which rule that news and current affairs programmes must be editorially independent.
However, CNBC Europe has said it will seek a judicial review, claiming the ruling breaches the EU's Television Without Frontiers ruling. The channel maintains that the ITC must work within the regulations of this directive.
Rick Cotton, the ...