CAMBRIDGE, London (Reuters) - Britain’s Culture Secretary Karen Bradley said she had referred Rupert Murdoch’s bid for Sky (SKYB.L) to regulators on the grounds of broadcasting standards because the public had to have full confidence in the process.
“I think that the threshold for reference that I have to take is lower than the threshold maybe for the fit and proper test that (regulator) Ofcom do,” she said at the RTS Cambridge Convention on Thursday.
“I think it is important that there is confidence in whatever decision is taken. It is important for public confidence that the full review takes place by the CMA.
“I want them to look at the concerns that have been raised, you will see when we publish all the information on this exactly why the referral has been made.”
Reporting by Paul Sandle, Editing by Kate Holton