Sky News deal ignores the problem of Monopolies
So Mr Murdoch got his way. Not because of any favouritism on the part of the new government, but, according to the FT anyway, because current regulatory frameworks are inadequate for protecting plurality in the new market in the UK: …the bigger issue is that such constraints simply miss the point. They do not deal with the concerns that exist about the market power Mr Murdoch will wield once the takeover is complete. European competition law cannot be relied on …