"It is important to distinguish between foreign Governments and state-owned investors. If the noble Lord will allow, this is covered in my opening remarks.
The first set of measures extend the scope of the media merger regime to online news publications. The Enterprise Act 2002 (Definition of Newspaper) Order 2025 …..." Baroness Twycross - View Speech
"My Lords, I shall also speak to the Enterprise Act 2002 (Amendment of Section 58 Considerations) Order 2025 and the Enterprise Act 2002 (Definition of Newspaper) Order 2025.
This set of regulations will broaden the scope of media merger regimes and strengthen the public interest protections, as well as setting …..." Baroness Twycross - View Speech
"I thank all noble Lords who have participated for their contributions. In particular, I thank the noble Lord, Lord Parkinson, for his closing remarks and for his graciousness and support. I have appreciated the conversations we have had. Like him, I pay tribute to the noble Lord, Lord Newby. I …..." Baroness Twycross - View Speech
"That is not in my speech, but I have an answer for the noble Baroness. We think that it is a reasonable suggestion. We need to work out how we can do that. There was a suggestion, for example, that it might require primary legislation. Obviously, that feels a little …..." Baroness Twycross - View Speech
"My understanding is that that is what the regulations would mean in effect. The noble Lord shakes his head, but I want to be explicitly clear that this is not going to allow foreign Governments to buy newspapers. This is about state-owned investors, which, as I made clear in my …..." Baroness Twycross - View Speech
"My understanding is that they already can, on the basis of the Act. I do not have the detail that the noble Lord has asked for, but I have been told definitively that that is an existing power within that Act. I can only commit to write to the noble …..." Baroness Twycross - View Speech
"We have the regulations before us. I cannot be more explicit than I have already been.
To continue, investment by single or multiple state-owned investors will be capped at 15%. The regulations that we aim to bring in by the end of October will require a state-owned investor taking a …..." Baroness Twycross - View Speech