Feeds

Competition Commission to probe Sky's ITV buy

Sky says: 'Bring it on'

The Power of One eBook: Top reasons to choose HP BladeSystem

Almost a month after the Office of Fair Trading (OFT) recommended Sky's purchase of over 19 per cent of ITV be brought to the attention of the Competition Commission, DTI Secretary of State Alistair Darling has done just that.

The buy up was an unexpected and audacious move which prevented a much-rumoured takeover of ITV by Virgin Media, a fierce competitor of Sky.

Sky has always stated that the investment in ITV was just that, a commercial decision within the legal limits of cross-media ownership.

In a brief statement, Sky responded to the announced investigation: "Sky notes today's announcement by the Secretary of State for Trade and Industry. We look forward to engaging with the Competition Commission as the ongoing regulatory process enters its next phase".

Considering the coincidental timing of the Sky purchase, and the report from the OFT last month, the investigation comes as no surprise and forms only part of a greater drama being played out on, or behind, British TV screens. ®

Reducing security risks from open source software

More from The Register

next story
Motorist 'thought car had caught fire' as Adele track came on stereo
'FIRE' caption on dashboard prompts dunderheaded hard shoulder halt
Carlos: Slim your working week to just three days of toil
'Midas World' vision suggests you retire later, watch more tellie and buy more stuff
Brit Rockall adventurer poised to quit islet
Occupation records broken, champagne corks popped
Accused! Yahoo! exec! SUES! her! accuser!, says! sex! harassment! never! happened!
Allegations were for 'financial gain', countersuit claims
Yahoo! Japan! launches! service! for! the! dead!
If you're reading this email, I am no longer alive
Plucky Rockall podule man back on (proper) dry land
Bold, barmy Brit adventurer Nick Hancock escapes North Atlantic islet
NSA man: 'Tell me about your Turkish connections'
Spooks ask Dabbsy to suggest a nice hotel with pool
Japanese artist cuffed for disseminating 3D ladyparts files
Printable genitalia fall foul of 'obscene material' laws
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.