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
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