Telegraph Media Group Ltd: Acquisition

Rehman Chishti Excerpts
Tuesday 30th April 2024

(2 weeks, 3 days ago)

Commons Chamber
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Lucy Frazer Portrait Lucy Frazer
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It is important that we always have freedom of the press and that external forces do not interfere with that freedom. I will be making a speech to the Society of Editors this afternoon that the hon. Gentleman might wish to read, after I have delivered it. I am happy to consider the points he has made.

Rehman Chishti Portrait Rehman Chishti (Gillingham and Rainham) (Con)
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I welcome the statement and the decision by the Secretary of State. It is in our national interest to protect our free media. My question is about transparency and understanding the logic behind the decision. The Secretary of State said that she has taken into account the evidence. What key evidence did she take into account? What were the pertinent aspects of the evidence that led her to make that decision? Knowing that would give people outside the opportunity to look at the reasoning and rationale behind the decision.

Lucy Frazer Portrait Lucy Frazer
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The first decision I took was that the threshold had been passed. I was concerned about interference with the accurate presentation of news and the freedom of the press. The evidence I saw enabled me to say that the threshold had been passed, and to ask Ofcom and the Competition and Markets Authority to look at the matter more broadly. They did that and they took some time to give me a very detailed report, which I further considered. In my letter sent in March, I set out the evidence from that report and my decision that I was minded to send the matter to phase 2 investigation. The letter in which I set out the evidence on which I relied has been published, I believe.