UK government tasks regulators to scrutinize proposed tie-up between Sky and ITV
LONDON (AP) — British Culture Secretary Lisa Nandy asked regulators Wednesday to scrutinize the proposed 1. 6 billion-pound ($2. 3 billion) takeover of ITV’s media and entertainment arm by Sky, the U. K. -based TV, internet and mobile phone provider owned by U. S. company Comcast. Nandy announced her decision to issue a so-called Public Interest Intervention Notice, paving the way for the Competition and Markets Authority, or CMA, and media regulator Ofcom to probe the takeover. The pair U...
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