Statement from the 成人快手 Trust in response to the Culture, Media and Sport Select Committee鈥檚 report
The Trust will submit a full response to the select committee in due course and at that time respond to all of its conclusions and recommendations. The Trust, however, does not accept the committee鈥檚 findings on the Trust鈥檚 consideration of Project Kangaroo.
The Trust first considered the Kangaroo proposition in June 2007. It agreed with the Executive that the proposition should be developed further, including work on fair trading compliance and consideration against the commercial criteria, and that formal approval would be required.
As would be expected for a project of this nature, the 成人快手 Executive updated the Trust on progress (in June and October 2008). At these meetings, the Trust made clear to the 成人快手 Executive that this proposition would still need to go through the Trust鈥檚 formal regulatory processes.
The Trust considered that, in the light of the Competition Commission鈥檚 review, it was right to postpone the Trust鈥檚 own regulatory processes, as the Commission鈥檚 review might significantly alter the proposition that the Trust would be asked to consider. The Trust also assisted the Competition Commission in their enquiries. The Trust considered that this was the most cost-efficient outcome for licence fee payers.
The Trust subsequently offered further evidence on its decision making process in front of the CMS Committee at its 18 November 2008 hearing.
The Trust will expand on these points and others when it submits its full response to the Committee.
Ends
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