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Robert Peston

Robert Peston Article: Who is more powerful – Murdoch or Parliament

The question posed in the headline of the above article has been overtaken by events. News Corp has withdrawn its bid for the shares in BSKYB, which it does not already own. However, some of the matters he discussed about multinational companies remain relevant.

Some extracts from the Robert Peston article:

If ever there were a symbol of the uneasy balance of power between national governments and large multinationals companies, it is the spectacle of the British Parliament being poised to vote overwhelmingly (it seems) for Rupert Murdoch’s News Corp to abandon its bid for British Sky Broadcasting – but being powerless to force him to abandon that takeover. read more

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