Telegraph Media Group: Anticipated Acquisition Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Lucy Frazer
Main Page: Lucy Frazer (Conservative - South East Cambridgeshire)Department Debates - View all Lucy Frazer's debates with the Department for Digital, Culture, Media & Sport
Telegraph Media Group: Anticipated Acquisition
Lucy Frazer Excerpts(9 months ago)
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The Secretary of State for Culture, Media and Sport (Lucy Frazer)
On 19 March, I confirmed to Parliament that, on the basis of assessments by the Competition and Markets Authority and by Ofcom, I am minded to refer the anticipated acquisition of Telegraph Media Group Ltd by RB Investco Ltd to a phase 2 investigation on the grounds of the need for accurate presentation of news and free expression of opinion in newspapers.
I set a deadline of 9 am on Monday 25 March 2024 to allow the parties the opportunity to make representations to me before I reach a final decision.
Further to a request from one of the parties, I have confirmed an extension to that deadline, which will now be 9 am on Tuesday 2 April 2024.
[HCWS374]