Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

UK's CMA probes TV industry, including BBC and ITV, over potential competition law breaches

EditorPollock Mondal
Published 10/12/2023, 04:45 AM
Updated 10/12/2023, 04:45 AM
© Reuters.

The UK's Competition and Markets Authority (CMA) has launched an investigation into potential competition law violations in the non-sport UK TV industry, focusing on the procurement of services from freelancers and employment practices at various entities. The probe includes broadcasters such as the BBC and ITV (LON:ITV), as well as production companies like Hartswood Films, Hat Trick Productions, Red Planet Pictures, Sister Pictures, and Tiger Aspect Productions. ITV confirmed the initiation of the case on Thursday and pledged to cooperate with the CMA's inquiries.

The investigation comes in the wake of a separate probe conducted by the CMA into anti-competitive behavior in sports content production. This previous investigation was based on leaked emails that suggested possible price collusion with freelance camera operators. Despite having reasonable grounds for suspicion, the CMA did not issue any statement of objections due to insufficient evidence.

The current investigation will run until March next year. The companies under scrutiny include those behind popular shows such as 'Derry Girls' and 'Have I Got News For You'. Red Planet Pictures has also confirmed its receipt of a case initiation notice from the CMA and, like ITV, has promised cooperation.

The CMA has stated it is not yet clear whether this new investigation will uncover evidence of wrongdoing but is encouraging anyone with information to come forward. The authority's actions underscore its commitment to ensuring fair competition within the UK TV industry, particularly in relation to hiring practices and service procurement from freelancers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.