Questions are being raised about the government’s willingness to allow essential physical infrastructure to fall into the hands of foreign states but not newspapers. Government minister Lord Parkinson told the House of Lords yesterday: “We will amend the media merger regime explicitly to rule out newspaper and periodical news magazine mergers involving ownership, influence or control by foreign states.” Legislation is being introduced specifically to prevent The Telegraph newspaper group from being bought by RedBird IMI, a fund backed by … read more »
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