BSkyB 'should sell shares in ITV'

Discussion in 'Submitted News' started by Dark Atheist, Dec 20, 2007.

  1. Dark Atheist

    Dark Atheist Moderator Political User Folding Team

    In The Void
    BSkyB should be forced to sell some of its 17.9% stake in ITV, the Competition Commission has recommended. The regulator said that BSkyB should either sell all of its shares or cut its stake to below 7.5% and promise not to take a seat on ITV's board.
    BSkyB and ITV both said they were studying the report and awaiting a final decision from the government.
    Business Secretary John Hutton has until 29 January to decide what action to take on the report's findings.