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Sky deal: Murdoch faces further delay over Fox bid | Sky deal: Murdoch faces further delay over Fox bid |
(35 minutes later) | |
Rupert Murdoch will have to wait a few more weeks to find out whether his bid for control of Sky will be the subject of an in-depth competition probe. | Rupert Murdoch will have to wait a few more weeks to find out whether his bid for control of Sky will be the subject of an in-depth competition probe. |
Culture Secretary Karen Bradley said she was "still minded" to refer the bid by Murdoch-controlled 21st Century Fox to the Competition and Markets Authority for further scrutiny. | Culture Secretary Karen Bradley said she was "still minded" to refer the bid by Murdoch-controlled 21st Century Fox to the Competition and Markets Authority for further scrutiny. |
She said her decision was likely to come in the coming weeks. | She said her decision was likely to come in the coming weeks. |
Mr Murdoch already owns 39% of the satellite broadcaster. | Mr Murdoch already owns 39% of the satellite broadcaster. |
Back in December, 21st Century Fox offered £11.7bn for the rest of the company. | |
In a statement to Parliament, Ms Bradley said: "There has not been time to consider all the representations and I am not in a position today to make my final decision on referral." | |
She told MPs she still had concerns about the amount of control the deal would give Mr Murdoch over the UK media industry. | |
"Having carefully reviewed the party's representations, and in the absence of further proposed undertakings, I am still minded to refer on the media plurality grounds, and still minded not to accept the undertakings in lieu of a referral." | |
Ms Bradley has already indicated that she did not object to the deal on the grounds of broadcasting standards. | |
MPs, including former Labour leader Ed Miliband and Vince Cable of the Liberal Democrats, have argued that broadcasting standards should be taken into account, given a recent sexual harassment scandal at Fox News in the US. |