In a letter to both companies, Nandy said she is considering issuing a public interest intervention notice (PIIN) to the Competition and Markets Authority, which would trigger a formal investigation into the tie-up. The deal, announced in July, would see Sky buy ITV's broadcasting business including its free-to-air television channels and the ITV X streaming service. It does not include ITV's production arm, ITV Studios, which produces programmes such as Love Island and I'm a Celebrity... Get Me Out of Here.
Sky responded by saying it would 'carefully consider' the letter and 'engage constructively' with any review. 'We remain confident that bringing Sky and ITV's media and entertainment business together will create a stronger British media,' the company said.
ITV welcomed the letter and said the deal would help it 'compete with global streaming platforms, benefiting viewers, advertisers and the UK creative industries.'
The proposed merger comes as traditional broadcasters face increasing competition from global streaming giants such as Netflix. Sky hopes the acquisition will give it access to millions more viewers while allowing both companies to better compete in the rapidly changing television landscape.