CMA blocks Murdoch’s Sky high ambitions
The Competition and Markets Authority (CMA) has blocked Rubert Murdoch’s and Fox’s $11.6 billion attempt to full control of Sky on the grounds of media plurality.
In short, the CMA doesn’t want any one individual or organization controlling too many press outlets in the UK. It would not be in the public interest, according to the watchdog, due to the importance of diversity of publicly consumed information to the democratic process. Murdoch’s assets are already read, hear
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