Friday 3 March 2017

NDM: 21st century bid

Murdoch's 21st Century Fox bid for Sky should be rejected, minister told.

https://www.theguardian.com/business/2017/mar/01/murdoch-21st-century-bid-for-sky-should-be-rejected-minister-told
Rupert Murdoch

Rupert Murdoch wants to take control of multinational corporation Sky with a bid. In a submission to the minister considering the bid, campaigners at the Media Reform Coalition and online activist network Avaaz argue that the overall market shares of both Murdoch-owned newspapers the Sun and the Times as well as Sky remain “materially unchanged” since 2011, when media regulator Ofcom raised concerns about a similar takeover. Fox is expected to formally notify the European competition regulator of its £11.7 billion for full control of Sky this week.

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