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What does fit and proper' mean? - Venture Insights

Report Overview

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What does fit and proper’ mean?

PublisherEnders Analysis.
Publish Date July 6, 2011
Sector Fixed Line (Internet and Voice), Pay TV, Print Media, Public Policy.
Company News Corp, Sky Group.

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Ofcom is entitled to consider whether News Corp is fit and proper’ to own BSkyB’s channels, not the company itself

Precedent suggests that Ofcom will only be able to conclude that News Corp is unfit if the acquiring company’s directors are found guilty of a serious criminal offence. Suspicions, allegations and mistrust are absolutely not enough

We believe that Ofcom will only be able to assess whether News Corp is fit and proper’ to own Sky channels after the transaction is concluded