BSkyB Debate

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BSkyB

Andrew Bridgen Excerpts
Thursday 3rd March 2011

(13 years, 9 months ago)

Commons Chamber
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Jeremy Hunt Portrait Mr Hunt
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I recognise the hon. Lady’s concerns. When she has a chance to look in detail at the undertakings, she will find that many of them have to be delivered before the purchase of the Sky shares is allowed to go ahead. We have been very strict on the timelines and want to ensure that as much of it as possible is delivered as quickly as possible. As for who should be the final decision maker, all I will say is that because I have been so conscious of the public’s worries about the motivations of politicians in these kinds of decisions, I have sought independent advice at every stage before taking the decisions in this process, and if I am required to make any similar decisions I will continue to seek independent advice in the future.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Will the Secretary of State explain what will happen if, at some time in the future, News Corporation wants to cancel the carriage arrangements for the licensing deal after the transaction has taken place?

Jeremy Hunt Portrait Mr Hunt
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If News Corporation were to do anything like that, a dispute resolution procedure is specified in the undertakings, which it would be obliged to follow. In the end, if it is followed through, it leads to independent arbitration, so I am satisfied that it will have to be good for its money and honour the spirit of the carriage and brand licensing agreements as laid out in those undertakings.