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Receipt of reports on anticipated acquisition of Telegraph Media Group
12 March 2024
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport
At a Glance
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.
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Assessment & feedback
Summary accuracy