by: Reuters

(Reuters) - Australia's competition regulator has delayed a decision on whether it would allow a bid for Consolidated Media Holdings by Seven Group Holdings , saying it had concerns about the potential deal and wants more input.

Consolidated Media, which owns lucrative pay-TV assets, has backed a $2 billion offer from Rupert Murdoch's News Corp in the absence of a higher offer. News Corp's bid has already won the blessing of the Australian Competition and Consumer Commission (ACCC).