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Old 28-11-2008, 13:21   #459
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Re: Virgin Media News

BSkyB has applied for permission to appeal a ruling that it must reduce its 17.9% stake in ITV to below 7.5%.

Now the company intends to take the case to the Courts of Appeal, a move requiring approval from the CAT.

"I think some people who are talking about tactics and why we would want to go to further appeal are forgetting that in this case we believe we are right," a senior Sky source told the Financial Times. "We think there is no reason to believe that this stake affects competition in the UK market and we believe that the decision as it stands affects our freedom to invest."

http://www.digitalspy.co.uk/broadcas...tv-ruling.html

Info from Digital Spy.
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