Newspaper Press: Ownership
The question
To ask the Secretary of State for Culture, Media and Sport, if she will take steps to ban the ownership of UK newspapers by foreign states.
Answered by Stephanie Peacock
On 24 May 2024, new legislation came into effect which prevents newspaper and news magazine mergers resulting in any ownership, influence, or control by foreign states. This change was introduced by the Digital Markets, Competition and Consumer (DMCC) Act 2024, which added new powers to the Enterprise Act 2002.
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