Read this: FT urges Vince Cable to investigate News Corps BSkyB takeover | Media | guardian.co.uk
Summary: Murdoch could drive other publishers out of business in a price war not seen since the 1990s with access to such massive financial resource, the paper added. The deal would give Mr Murdoch substantial firepower to cross-subsidise his loss-making UK newspapers, enabling them to compete with rivals on price. This is a reference to the Italian prime minister, Silvio Berlusconi, who owns Italy's biggest commercial broadcaster, Mediaset. - guardian.co.ukRead full article: FT urges Vince Cable to investigate News…
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