Sky and ITV mount defence of £1.6bn merger as regulators probe deal

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Sky and ITV will argue their proposed £1.6bn merger controls only around a fifth of Britain’s advertising market as they seek to convince competition regulators to approve one of the biggest media deals in decades, City AM understands.

The Competition and Markets Authority (CMA) on Wednesday invited comments on Sky’s planned acquisition of ITV’s Media https://www.cityam.com/sky-and-itv-mount-defence-of-1-6bn-merger-as-regulators-probe-deal/">[...]