Telegraph Media Group: Ownership Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Baroness Butler-Sloss
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Telegraph Media Group: Ownership
Baroness Butler-Sloss Excerpts(2 days, 21 hours ago)
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Baroness Twycross (Lab)
I will not go into hypothetical examples. All the instances raised would be examined on a case-by-case basis. The noble Lord will be aware that we are deeply disappointed that the case he referenced has not gone to trial; we really did want to see prosecutions.
Baroness Butler-Sloss (CB)
I will ask the Minister a more general question. Are the Government considering whether 15% may be too high?
Baroness Twycross (Lab)
We have settled on 15% as the cumulative amount, and this House had the opportunity to debate it at some length in July. Whether that is one FSI, one state-owned investor or a number of state-owned investors, it will not exceed 15%. The Competition and Markets Authority has been clear that it does not consider that a material influence would be likely to occur below 25%, so 15% is well within that limit.