Commons Sense

House of Commons · Written Ministerial Statement

Receipt of reports on anticipated acquisition of Telegraph Media Group

12 March 2024 · Department for Culture, Media and Sport

Proposed by Lucy Frazer Con South East Cambridgeshire

Business & Trade

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • Lucy Frazer is updating Parliament on reports from the CMA and Ofcom about the anticipated acquisition of Telegraph Media Group Ltd.
  • The minister will publish the reports from both regulatory bodies.
  • A further statement will be made once a decision is reached on whether to refer the merger for a deeper investigation by the CMA.

Issue summary

Lucy Frazer is providing an update on reports received from the Competition and Markets Authority (CMA) and Ofcom regarding the anticipated acquisition of Telegraph Media Group Ltd.

Action requested

No specific action requested. The minister will publish the CMA and Ofcom reports and make a further statement once a decision is made on whether to refer the merger for further investigation by the CMA.

Key facts

  • Reports were provided in response to PIINs issued on 30 November 2023 and 26 January 2024.
  • The PIINs required the CMA to report on jurisdictional intervention and competition concerns.
  • Ofcom was tasked with assessing the need for accurate news presentation and free expression of opinion.
▸ Assessment & feedback
Summary accuracy