BSKYB HIT BY U.K. REGULATOR

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	BSKYB CHIEF LABELS U.K. REGULATORS 'AUTHORITARIAN' Dec 1 2006
	BSkyB chief James Murdoch has lashed out at British regulators, calling current oversight polices "authoritarian." (more)
	MURDOCH MAKES MOVE TO BLOCK ITV ACQUISITION Nov 20 2006
	In a move that appeared aimed at preventing British cable giant NTL -- backed by (more)

BSKYB HIT BY U.K. REGULATOR
Wednesday, October 3 2007

The 17.9 percent stake in ITV acquired by British satellite group BSkyB, controlled by Rupert Murdoch's News Corp, could substantially lessen competition in the U.K. television market, Britain's Competition Commission ruled today (Wednesday). As a result of the ruling, BSkyB may be forced to sell its ITV stake, which it acquired last November for $1.9 billion. However, the commission appeared to open the door to the possibility that BSkyB would be allowed to sell merely a portion of its holdings, perhaps less than 10 or 15 percent to decrease its influence in the operation of Britain's leading commercial network.