U.K. Gets Clarifications in Fox-Sky Deal Review, Eyes Decision on Next Steps as Soon as "Reasonably Practicable"
The British government on Monday provided a process update.
The British government on Monday said that it has received additional clarification from media regulator Ofcom on further advice it provided the government as it continues to evaluate next steps in the review of 21st Century Fox's bid for full control of Sky.
"Following the advice received from Ofcom on [Aug. 25], the secretary of state [for culture, media and sport, Karen Bradley] sought clarification from Ofcom on some aspects of the advice," the culture department said. "We have, today, received Ofcom’s response and the secretary of state will now carefully consider the advice before making her decision on referral on the basis of all the evidence before her, as soon as is reasonably practicable."
The requests to Ofcom will be published "in due course," and Ofcom also intends to publish its advice at the same time, it added.
Bradley has previously said she was "minded" to refer Fox's proposed deal to take full control of European pay TV giant Sky for a more in-depth review by Britain's Competition and Markets Authority on competition grounds. Bradley had back then cited concerns about the transaction's increased influence of members of the Murdoch family trust, which controls Fox and News Corp.