In November 2006, British Sky Broadcasting Group plc (BSkyB) acquired a 17.9% stake in ITV. Following a public intervention notice issued by the Secretary of State, the acquisition was referred to the Competition Commission (CC). The CC found that the acquisition gave BSkyB "material influence" over ITV. The CC also found that the merger would lead to a substantial lessening in competition, although the CC did not feel that the acquisition would adversely affect the plurality of the media. To resolve these concerns, the CC required BSkyB to divest its stake in ITV to below 7.5%. BSkyB appealed this decision to the Competition Appeal Tribunal (CAT), and, on 29 September 2008, the CAT dismissed BSkyB's appeal. The CAT found that BSkyB had failed to demonstrate that the CC had erred in finding the acquisition to have resulted in BSkyB obtaining "material influence" over ITV. The CAT also upheld both the CC's conclusion that the transaction would result in a "substantial lessening of competition", and the requirement for BSkyB to divest its stake in ITV. At the same time, the CAT also heard an appeal by Virgin Media Inc., which claimed that the CC had erred in its finding regarding media plurality. The CAT upheld this appeal and quashed the CC's conclusion that the merger would not adversely affect the plurality of the media. Consequently, the decision regarding the plurality of the media will have to be reconsidered. The CAT has indicated it will seek the views of the parties before determining whether to remit the plurality of the media issues back to the CC and the Secretary of State for consideration.