Sky deal: Murdoch faces further delay over Fox bid

Sky deal: Murdoch faces further delay over Fox bid

Rupert Murdoch will have to wait a few more weeks to find out whether his bid for control of Sky will be the subject of an in-depth competition probe.

Culture Secretary Karen Bradley said she was “still minded” to refer the bid by Murdoch-controlled 21st Century Fox to the Competition and Markets Authority for further scrutiny.

She said her decision was likely to come in the coming weeks.

Mr Murdoch already owns 39% of the satellite broadcaster.

Back in December, 21st Century Fox offered £11.7bn for the rest of the company.

In a statement to Parliament, Ms Bradley said: “There has not been time to consider all the representations and I am not in a position today to make my final decision on referral.”

She told MPs she still had concerns about the amount of control the deal would give Mr Murdoch over the UK media industry.

“Having carefully reviewed the party’s representations, and in the absence of further proposed undertakings, I am still minded to refer on the media plurality grounds, and still minded not to accept the undertakings in lieu of a referral.”

Ms Bradley has already indicated that she did not object to the deal on the grounds of broadcasting standards.

MPs, including former Labour leader Ed Miliband and Vince Cable of the Liberal Democrats, have argued that broadcasting standards should be taken into account, given a recent sexual harassment scandal at Fox News in the US.

Source: BBC News

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