Read this: Nick Robinsons Newslog: The politics of the News Corp referral
Summary: After all, he could have argued, News Corp already controls, even if it doesn't 100 own, the company behind Sky TV. Had he done so he would have infuriated many in his own party, given Labour another stick with which to beat him, his party and the government and put himself in opposition to the bosses of the Guardian, the Mail and the BBC, who recently wrote a joint letter raising their concerns about the deal. However, by referring the deal, Cable has added to the growing list of government decisions which have disappointed the Murdochs. - bbc.co.uk
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