Britain will decide on Tuesday whether to launch a lengthy investigation into a UAE-led takeover of the Telegraph newspaper, a move that could allow a proposed new law to stop the deal, Media Secretary Lucy Frazer said.
"The legislation will come into force after Royal Assent, which I suspect will be in about a month or two months," Frazer told LBC radio. "If the Telegraph case is still live, it will affect it."
Frazer said she would make a statement later on Tuesday laying out her decision on whether to refer the deal to a Phase Two in-depth investigation by the competition regulator.
