Asked by: Baroness Stowell of Beeston (Conservative - Life peer)
Question to the Department for Digital, Culture, Media & Sport:
To ask His Majesty's Government what is the current status of the sale of the Telegraph Media Group, whose current ownership remains subject to an interim enforcement order.
Answered by Baroness Twycross - Baroness in Waiting (HM Household) (Whip)
The Secretary of State takes her quasi-judicial responsibilities under the Enterprise Act 2002 and in respect of the sale of the Telegraph Media Group very seriously and she therefore cannot provide a running commentary on the sale. The Telegraph Media Group remains under The Public Interest Merger Reference (Telegraph Media Group Ltd) (Pre-emptive Action) Order 2024. She will keep Parliament updated on any decisions she takes relating to the transaction.
Asked by: Baroness Stowell of Beeston (Conservative - Life peer)
Question to the Department for Digital, Culture, Media & Sport:
To ask His Majesty's Government when they plan to make regulations under Schedule 7 to the Digital Markets, Competition and Consumers Act 2024 to provide limited exemptions for permissible investment funds associated with foreign powers, and other associated regulations.
Answered by Baroness Twycross - Baroness in Waiting (HM Household) (Whip)
The previous government launched a technical consultation on The Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2024, which ran from 9 May to 9 July. We will respond to the consultation in due course.