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Proceeding contribution from Lord Elton (Conservative) in the House of Lords on Thursday, 3 March 2011. It occurred during Ministerial statement on News Corporation/BSkyB Merger.


News Corporation/BSkyB Merger

My Lords, I have a brief question to ask my noble friend. As I understand it, the situation is that the shareholding is limited to 39.1 per cent at the point of entry into this system, but we hear that the Secretary of State will have to give permission if further shares are to be brought in. Can my noble friend tell us on what grounds that permission would be given, because that is a very important factor?


Secondary information

Type
Proceeding contribution
Reference
725 c1257 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Competition Competition Commission Sky Ownership Public consultation Media Office of Fair Trading Ofcom Shares Television Takeovers News Corporation Sky News
Link
View this Proceeding contribution on www.publications.parliament.uk