Fox-Sky Merger Update Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Matt Hancock
Main Page: Matt Hancock (Conservative - West Suffolk)Department Debates - View all Matt Hancock's debates with the Department for Digital, Culture, Media & Sport
Fox-Sky Merger Update
Matt Hancock Excerpts(6 years, 6 months ago)
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The Secretary of State for Digital, Culture, Media and Sport (Matt Hancock)
On 23 January I provided an update to the House on the Competition and Market Authority’s interim report on their investigation into the proposed merger between 21st Century Fox Inc. and Sky Plc.
Today I received the final report from the CMA regarding the findings of its phase 2 investigation. Now that I have received this report, I must come to my decision and publish the report within 30 working days (by 13 June). My decision will be on whether the merger operates or may be expected to operate against the public interest, taking into account the specified public interest considerations of media plurality and genuine commitment to broadcasting standards.
When I have reached a decision I will return to Parliament to make an oral statement. I will come to a view on whether to make a final order or accept any final undertakings in due course, and will consult on these publicly, but not before I have taken a decision on the public interest tests.
Given my ongoing quasi-judicial role, I will not be making any comment about the substance of the report until I publish my decision.
[HCWS662]