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BSkyB

House of Lords written question – answered on 20th July 2011.

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Photo of Lord Mawhinney Lord Mawhinney Chair, Draft Defamation Bill (Joint Committee)

To ask Her Majesty's Government whether there are any legal impediments which would prevent the Secretary of State for Culture, Media and Sport delaying for a year his decision on News Corporation's bid to buy the remaining shares in BSkyB.

Photo of Baroness Rawlings Baroness Rawlings Lords Spokesperson (Department for Culture, Media and Sport), Baroness in Waiting (HM Household) (Whip)

The Secretary of State for Culture, Olympics, Media and Sport referred the matter to the Competition Commission for consideration on 11 July. However, as the noble Lord will be aware, on 13 July News Corporation dropped its proposals to buy the remaining shares in BSkyB. If the bid had not been withdrawn, on receipt of the Competition Commission's advice, the Secretary of State would have been able to take as long as necessary to make his decision.

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