Bskyb Chief Labels U.k. Regulators "Authoritarian"
BSkyB chief James Murdoch has lashed out at British regulators, calling current oversight polices "authoritarian." Murdoch's comments came in the midst of controversy over his satellite company's acquisition of 17.9 percent in the commercial network ITV, a move damned by Virgin chief Richard Branson as an attempt to block competition. British regulations prevent BSkyB from acquiring more than 20 percent of ITV. Although he did not cite specific regulations that he objected to, Murdoch, regarded as the heir apparent to News Corp Chairman Rupert Murdoch, said that those that are now in place amount to "a basic reduction in human freedom."