Sky: 21st Century Fox Takeover Bid Debate

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John Whittingdale

Main Page: John Whittingdale (Conservative - Maldon)

Sky: 21st Century Fox Takeover Bid

John Whittingdale Excerpts
Tuesday 20th December 2016

(7 years, 4 months ago)

Commons Chamber
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Karen Bradley Portrait Karen Bradley
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I do not for one second underestimate the huge public and parliamentary interest in this proposed merger, nor the importance of the issue to the parties concerned. But I must ensure, given my quasi-judicial role, that I protect the integrity of the process and ensure that, as and when a formal notification is given—if it is—it is properly considered. I will be making no further comments on the merits of the bid at this stage.

John Whittingdale Portrait Mr John Whittingdale (Maldon) (Con)
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Will my right hon. Friend bear in mind that, contrary to the assertion of the right hon. Member for Doncaster North (Edward Miliband) in The Guardian, Sky’s share of the television news market is actually 5%, not 20%? Although there may well be a case for asking the regulator to look at this bid, does she recognise that it represents a £12 billion investment into a British company, and is a vote of confidence that Britain will remain a centre of international broadcasting after it leaves the European Union?

Karen Bradley Portrait Karen Bradley
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My right hon. Friend has significant interest in this area, having been an exceptionally good predecessor for me, but will, I know, understand the position I am in and that I cannot comment.