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24 March 2011 / Tom Robinson , Conor Quigley KC
Issue: 7458 / Categories: Features , Media , Commercial
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Making the news

Tom Robinson & Conor Quigley QC provide a guide through the maze of competition & media plurality

In the UK, News Corp already has a huge role in the reporting of news and, hence, the way in which it is portrayed. The Sun and The Times are among the most widely read newspapers in the country and, while News Corp currently does not wield this comparable control in broadcasting, it now appears this is going to change.

News Corp’s proposed takeover of BSkyB, of which News Corp currently owns 39.1%, has come under intense public scrutiny with, initially, concerns over competition issues such as product bundling and, more controversially, issues of media plurality. The transaction was signed off by DG Competition Commissioner Joaquin Almunia, who said he was “confident that this merger will not weaken competition in the UK”. The issue of media plurality though, he left to the UK authorities to decide—as he is obliged to do.

Merger controls

Merger controls exist to stop the formation of firms which

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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