Tag Archives: Competition Commission

In the Name of the Motherfu…I mean, Father

From Business Spectator:

The abrupt change in News Corp’s tactics as [it] tries to bring some semblance of control to the maelstrom it is experiencing in the UK hints at a longer-term problem for Rupert Murdoch and his succession plans.

On Wednesday News withdrew its undertaking to spin off Sky News from BSkyB enabling the UK government to refer its proposed bid for the pay television operator to its Competition Commission and ensuring that any final decision on the bid would be deferred for at least six months and probably closer to a year.

That appeared designed to avoid any immediate decision on the bid within an atmosphere of extreme hostility towards News and therefore to preserve the potential for another tilt at BSkYB once the heat eventually dies down.

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