Timeline: Sky's ITV stake

November 2006: Sky buys a 17.9% stake in ITV – thwarting plans by NTL, later Virgin Media, to buy the broadcaster December 2007: The Competition Commission rules that Sky must reduce its stake to a maximum of 7.5% January 2008: The then business secretary, John Hutton, upholds the Competition Commission ruling February 2008: Sky appeals to the Competition Appeal Tribunal September 2008: The Competition Appeal Tribunal rejects Sky's appeal outright March 2009: Sky is given leave to take its case to the court of appeal January 2010: Court of appeal rejects Sky's case February 2010: Sky agrees to cut its stake in ITV