Feeds

Sky will fight to keep ITV stake

Legal challenge to competition claims

Designing a Defense for Mobile Applications

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. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
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
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
prev story

Whitepapers

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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
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.