Telegraph Media Group: Proposed Sale to RedBird IMI Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
John Redwood
Main Page: John Redwood (Conservative - Wokingham)Department Debates - View all John Redwood's debates with the Department for Digital, Culture, Media & Sport
Telegraph Media Group: Proposed Sale to RedBird IMI
John Redwood Excerpts(2 months, 4 weeks ago)
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Julia Lopez
That point has been raised by a number of hon. Members. We have tools for these kinds of acquisitions, as can be seen in the public interest intervention notices that we have imposed in this case. I reassure Members that we are not totally naked on this question; there are tools, under the Enterprise Act, that allow us to look into it. I am sure that once the process is over, we will be able to look back and say whether any further action or intervention is required.
John Redwood (Wokingham) (Con)
As owners expect to have influence over editors and the editorial line, why do we not have a policy of ruling out all Government ownership of such organisations, which would make it much simpler?
Julia Lopez
I thank my right hon. Friend for making that simple point. It is one that I am sure will be considered once this case has passed.