Read this: Ofcom should have final say on media takeovers, say peers - Media - The Guardian
Summary: News Corporation abandoned its bid to take full control of BSkyB in 2011. Lord Inglewood, the committee's chair, said the industry regulator Ofcom should have the final say on plurality and competition issues surrounding any major media deal. Inglewood indicated that Ofcom was better positioned as a neutral, non-partisan body for evaluating media takeovers. - gu.com
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