Rupert Murdoch’s Sky bid could soon face UK investigation

Culture secretary expected to refer takeover to Ofcom after 21st Century Fox formally notifies EU competition regulator

Rupert Murdoch’s 21st Century Fox is expected to formally notify the European competition regulator of its £11.7bn takeover offer for Sky later this week, after which the UK culture secretary will have to decide whether to launch an investigation into the extent of Murdoch’s control of UK media.

From the point the European commission makes Fox’s bid notification public, Karen Bradley will have 10 working days to decide whether to issue a public interest intervention notice, or PIIN.

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Source: Media Guardian