![]() |
Liberal Democrats in Business News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum |
![]() |
| CAMRA Cider Month: www.camra.org.uk/cider | <info@libdemsinbusiness.org.uk> |
OFT decision over ITV has serious implications - Foster12.00.00am BST (GMT +0100) Fri 27th Apr 2007 Commenting on the news that the Office of Fair Trading has recommended that BskyB's acquisition of a 17.9% stake in ITV be referred to the Competition Commission, Liberal Democrat Shadow Culture, Media and Sport Secretary, Don Foster MP said: "The OFT's conclusion that ITV is no longer fully independent has major implications for the broadcasting market. "Competition is essential to ensure the survival of quality broadcasting, anything that would limit this must be treated with the utmost seriousness. "Further investigation must reflect the importance of ensuring digital switchover is a success for the whole nation. Any proven competition concerns must be remedied to prevent switchover from being derailed. "Legal ambiguities of the Enterprise Act allowed this purchase to go ahead. After this case is settled, the Government must consider whether current laws on media competition are adequate for the digital media age."
Bookmark this story at:
[ Related News Stories:Wed 19th Oct 2005: Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB. The views expressed are those of the party, not of the service provider. |