Q & A: News Corp bid for BSkyB
What is the plurality of the media and the public interest test?
Plurality of media includes two diversity property, in order to ensure the property lies between a number of people and the diversity of the content, in order to ensure a wide range of points of view are represented.
OFCOM has a duty to inform the Secretary of State on the question of whether the merger is in the public's application under the regime of control set out in the Act on the Secretary of State entreprises.Le merge public interest tests will decide and then return the merger to the Competition Commission.
How it does affect the agreement?
A deal may come next year, but News Corp. has firstly to circumvent a number of regulatory barriers.The European Commission has been notified officially bid on 3 November and will launch a probe looks at issues of concurrence.Il publish a report 8 décembre.M. Cable will decide to refer the matter to the Competition Commission to United Kingdom, once he has the OFCOM report no later than 31 December.If it is the case, the competition will take up to 24 weeks to conduct an investigation Commission full and its decision to refer to the Secretary of the company. cable will have 30 days to deliver its final decision to remove or block the agreement
Which would result in a takeover of BSkyB by News Corp?
BSkyB customers could be offered more grouped, cross promotional offerings with other active UK News Corp, particularly now News International titles such as The Times, have placed behind a pay wall.News Corporation may consider making pan-European television and film production - acquisitions a potential move which will be examined by the European Commission.
How dominant is News Corp in the UK market?
The group, which already owns newspapers including The Times and The Sun control 37pc daily market News Corp national.Concurrents say the takeover of Sky create unparalleled power group in the UK market media, with a dominant position in newspapers and full ownership of a pay-TV company defined annual pre-tax profits of more than £ billion next year
What say opponents?
Groups of media, including the BBC, Channel 4 and the owners of the Telegraph Media Group and the Daily Mail, has written to Mr Cable last month urging urged to return the submission to OFCOM list.it a letter from the handset, media groups asked her to block the plans for fear that the agreement represents a threat to the plurality contests and médias.Séparément, peer leaders said today News Corp, BSkyB full control would be a "chilling perspective", "deeply negative" give the Group of American media "an unprecedented levels of control."
Is said that News Corp?
News Corp has stated that he is "confident that the proposed investment will not negatively plurality of the media to the United Kingdom".
Why is that the European Commission involved?
Due to the magnitude of the billion £ more significantly, the European Commission has been obliged to launch a probe for concurrence.Si reasons the Commission chooses a phase II further investigation, which could more 125 working days.
What is News Corp's BSkyB offers?
In June, News Corp is a 700 p-a-share offer of BSkyB who evaluated the company approximately £ billion - a character described as undervaluing significantly the assets by the Deputy Chairman of BSkyB, BSkyB.Nicholas Ferguson, Board said none listed below 800 p is acceptable.
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