GovWire

Open consultation: Consultation on The Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2024

Department For Culture Media Sport

May 23
11:54 2024

On 26 March 2024 the government brought forward amendments to the Digital Markets, Competition and Consumers Bill (the DMCC Bill) to create a new foreign state intervention (FSI) regime for newspapers and periodic news magazines. This new regime will ban foreign state ownership, control, or influence over newspapers and news magazines. We will be bringingforward regulations which will create targeted and specific exemptions for specific types of passive investment up to a low threshold.This technical consultation is intended to provide an opportunity for newspapers businesses and other interested stakeholders to comment on the draft regulations.

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