Media
OFT invites views on BSkyB's ITV deal
Published Friday, Jan 12 2007, 12:46 GMT | By Joanne Oatts
The Office of Fair Trading (OFT) has today issued a "formal invitation to comment" from "interested parties" over BskyB's 17.9% stake in ITV.
The OFT says any views will be looked at in considering whether the merger will "result in a substantial lessening of competition within any markets in the United Kingdom for goods or services that warrants reference to the Competition Commission."
A deadline of January 25 has been given by the OFT. ITV said it would respond to the OFT in due course.
Last month, Channel 4 chief executive Andy Duncan backed NTL shareholder Sir Richard Branson's request that the merger deal be investigated by Ofcom and the OFT. NTL was considering a takeover bid for ITV at the time.
The OFT says any views will be looked at in considering whether the merger will "result in a substantial lessening of competition within any markets in the United Kingdom for goods or services that warrants reference to the Competition Commission."
A deadline of January 25 has been given by the OFT. ITV said it would respond to the OFT in due course.
Last month, Channel 4 chief executive Andy Duncan backed NTL shareholder Sir Richard Branson's request that the merger deal be investigated by Ofcom and the OFT. NTL was considering a takeover bid for ITV at the time.
More: Media, Broadcasting
More Media News
Satellite TV News
Sky marks Jubilee with Union Jack remoteSky and One For All create universal remote celebrating the landmark UK summer.
Cable News
Pirate Bay blockade begins with VirginBT, Sky, others to follow suit, but rights groups warn it won't tackle piracy.
Freeview News
Freeview+ made easier for blind peopleRNIB develops software to make it easier for blind people to use Freeview+.
Video on Demand
'World first' social VOD service launchesThe studio behind Plan B's iLL Manors offers VOD users rewards for sharing.






