Matt Hancock ‘not minded’ to intervene as TV giant and Rupert Murdoch vie for control
Comcast’s £22bn bid to trump Rupert Murdoch in the battle to take control of Sky has been given a boost after the culture secretary said he was unlikely to call for an investigation by the media regulator.
Matt Hancock, who has 10 working days to make a final decision on referring the deal to Ofcom, said: “Having reviewed the relevant evidence available, I can confirm that I have today written to the parties to inform them that I am minded not to issue an [intervention notice] on the basis that the proposed merger does not raise concerns in relation to public interest considerations which would meet the threshold for intervention.
Related: Sky bidder Comcast labelled 'worst company in America'
Comcast is the biggest cable company in the US and one of the world’s largest TV, film and entertainment businesses
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