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Internet Arcade Console Living Room. Books to Borrow Open Library. Search the Wayback Machine Search icon An illustration of a magnifying glass. Sign up for free Log in. News of the deal comes as BT — which is expected to pay for MCI with a mixture of cash and shares — seeks to establish itself as one of the biggest players in the world telecoms market, which in- dustry experts say will be dominated by just two or three companies by the turn of the century.
BT anticipates that it will be able to make an announcement prior to the opening of the London markets on Monday. MCI antici- pates that deliberations win be concluded this weekend and an announcement will be made prior to Monday morning. Com- mission, foreign carriers may only take a stake of over 25 per cent in a US carrier if its home market is open to com- petition from US companies. But analysts suggested last night that the British market which is regarded as the second most open in the world, would comply with FCC requirements.
At the time. However, it is thought un- likely that the deal an- nounced last night would face die same regulatory hurdles, due to a change made to US law last November. The Police Bill win eve all employers — not just those involved in work with chil- dren or die vulnerable — the right to demand to know the criminal record of job appli- cants. This great extension of official vetting is expected to result in eight million checks a year. The publication of the scheme came as the Home Office said last night that the Government had decided to adopt proposals to prosecute in domestic courts British tourists who sexually abused children abroad.
