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Old 17-09-2007, 17:02   #328
Media Boy
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Inquiry delay into Sky's ITV stake

The UK Competition Commission has moved back the deadline for the completion of its inquiry into BSkyB's 17.9% stake in ITV until early 2008 because of the "complex" nature of the inquiry.

In a statement today, the Commission said the deadline had been extended from 7 November to 2 January because of the amount of work involved in "dealing with both competition and media public interest considerations".


The Commission will now deliver its report to the secretary of state for business enterprise and regulatory reform, John Huttonby, in "early December", although it has until the New Year to complete.

Provisional findings are expected in early October. The original timetable said this would occur before the end of September.


Full story here: http://www.broadcastnow.co.uk/broadc...StoryID=171194

Info from Broadcast.
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