answer text |
<p>The Secretary of State for Culture, Media and Sport issued a Public Interest Intervention
Notice on 30 November 2023 in relation to the anticipated acquisition of the Telegraph
Media Group by RedBird IMI on the grounds of the need for accurate presentation of
news, and free expression of opinion, in newspapers.</p><p>The Notice triggers a requirement
for the Competition and Markets Authority (CMA) to report to the Secretary of State
on jurisdictional and competition matters, and for Ofcom to report on the specified
media public interest considerations. Ofcom and the CMA have now both launched invitations
for public comment, and will report to the Secretary of State on the issues specified
in the Notice by midnight on 26 January 2024.</p><p>Ofcom will carry out such investigations
as it considers appropriate. Exactly how it undertakes its role to report to the Secretary
of State on the public interest is a matter for Ofcom.</p>
|
|