LONDON– The U.K. federal government stated Wednesday it will back legislation prohibiting foreign state ownership of British papers and publications, a relocation that might overthrow a scheduled takeover by a United Arab Emirates-led consortium of the Telegraph Media Group.
The advancement follows various legislators from throughout the political divide prompted a specific restriction, instead of utilizing a regulative technique to guarantee that publications do not parrot views of state stars.
The minister in charge of media, Stephen Parkinson, stated the federal government will present a change to the “Digital Markets, Competition and Consumers Bill” presently making its method through Parliament.
The expense, which is anticipated to pass quickly, will avoid the takeover of British