Laws
The Australian Government legislated specific controls over the ownership of broadcasting on television and radio in the Broadcasting Services Act 1992. These effectively prohibit ownership of more than one television station or two radio stations in a given market. The Commonwealth's legislative reach over print media ownership is largely limited to general competition law such as the Trade Practices Act 1974.
On 14 March 2005, the Australian Government announced proposals to amend the current media ownership laws.
Read more about this topic: Media Ownership In Australia
Famous quotes containing the word laws:
“But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.”
—Franklin D. Roosevelt (1882–1945)
“Nature and Nature’s laws lay hid in night;
God said Let Newton be! and all was light.”
—Alexander Pope (1688–1744)
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.”
—Albert Einstein (1879–1955)