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:
“One of the most attractive of those ancient books that I have met with is The Laws of Menu.”
—Henry David Thoreau (1817–1862)
“There is something servile in the habit of seeking after a law which we may obey. We may study the laws of matter at and for our convenience, but a successful life knows no law.”
—Henry David Thoreau (1817–1862)
“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)