The Competition Commission has extended the timetable for completing its inquiry into BSkyB’s £940 million (E1.3bn) purchase of a 17.9 per cent stake in ITV until next year.

It had intended to hand over the results of its inquiry to John Hutton, the secretary of state for business enterprise and regulatory reform, by November 7. However, the commission said that the deadline had been extended to January 2 because of the “complex” nature of the inquiry “dealing with both competition and media public interest considerations”.

Other posts by :

1. Major banks support AST SpaceMobile
2. Fitch downgrades DirecTV debt
3. BBC: You’ll miss me when I’m gone
4. Some new US Starlink subs face $1,000 start-up fee
5. Project Kuiper beating OneWeb
6. OQ Tech gets Luxembourg 5G-by-Sat concession
7. Roskosmos: Heads roll, launch project scrapped
8. MDA under pressure over satellite order
9. SES backs C-band action from FCC

Categories: Articles, Business, M&A, Regulation