BSkyB/ITV issues statement
The Competition Commission (CC) has today published an issues statement as part of its inquiry into the acquisition by British Sky Broadcasting (BSkyB) of a 17.9 per cent share in ITV plc.
In May, the then Secretary of State for Trade and Industry, Alistair Darling, referred the acquisition to the CC for a full investigation. The CC is required to decide whether a relevant merger situation has been created; whether that situation may result in a substantial lessening of competition (SLC) in any market or markets in the UK; and whether, taking into consideration any SLC and the public interest consideration on plurality, the merger may be expected to operate against the public interest.
Frontier (London) is advising ITV plc.
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