Lisa Nandy refers Telegraph sale to watchdogs over rightwing media plurality concerns
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Culture Secretary Lisa Nandy has referred the proposed sale of the Telegraph titles to the Competition and Markets Authority (CMA) and media regulator Ofcom. The £500m deal, which would see the Daily Mail and General Trust (DMGT) acquire the publisher of the Daily Telegraph, was met with concerns about the consolidation of rightwing newspapers. Nandy raised these concerns in January, citing the potential loss of plurality of voices, particularly in the UK's right-leaning market. The CMA will report on competition issues, while Ofcom will investigate media public interest considerations. The watchdogs have been given until mid-June to report back, ending hopes for a speedy deal. Nandy's referral follows a three-year saga in the Telegraph's sale, with previous deals falling apart or being blocked.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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