- The ITC has taken the unusual step of inviting public comment on whether a proposed acquisition of United News & Media by Granada would operate against the public interest.
The move follows notice given to the ITC by Granada of its intention to make an offer for either United New & Media or Carlton Communications, which are involved in merger talks of their own.
The ITC move comes even though no formal bid by Granada has been made. However, the ITC feels that given the particular circumstances of the case an early public consultation is called for. Under the terms of the 1990 Broadcasting Act Granada may not become connected with a proprietor of national newspapers whilst continuing to hold licences to provide regional services to ITV if this is deemed to act against the public interest.
UN&M owns The Express and Daily Star newspapers.