BSkyB to pay for the ITV appeal costs


June 24, 2009

The satellite broadcaster, BSkyB, has been directed by the Competition Appeal Tribunal (CAT) to pay for appeal costs, following the long running case over the 17.9 per cent stake in ITV that BSkyB purchased back in 2006.

It was found that the stake in ITV went against competition regulations and as a result, the satellite broadcaster was told to reduce the holding down to a maximum of 7.4 per cent.

BSkyB appealed against this ruling and so the case has rolled on.

However the original claim by Virgin Media for its £117,327 legal costs has been refused, and the satellite broadcaster will only have to pay for the Competition Commissions’ and the Secretary of State for Business’s costs.

The appeal is now in its later stages, with the case being lodged with the court of appeal.






 

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