Feeds

Sky will fight to keep ITV stake

Legal challenge to competition claims

Eight steps to building an HP BladeSystem

Rupert Murdoch's BSkyB will take legal action to challenge the recent ruling that it should sell off its stake in rival broadcaster ITV.

The Competition Commission, backed by secretary of state for business and enterprise John Hutton, ruled in January that Sky should sell its 17.9 per cent stake in ITV.

The regulator took the view that the investment would lessen competition between the two.

But BSkyB will go to the Competition Appeal Tribunal tomorrow (Friday 22 February) with an application to send the issue back to the Competition Commission.

Sky will argue that the commission made mistakes in its first decision - firstly in finding that Sky and ITV had merged, and secondly that Sky's stake prevents ITV from competing with it.

The broadcaster will argue that even if the decision is upheld, forcing it to sell its stake in ITV is still an "unreasonable and disproportionate remedy", especially as Sky offered to forego voting rights in order to meet the Competition Commission's concerns. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
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.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.