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:
“It is a power stronger than will.... Could a stone escape from the laws of gravity? Impossible. Impossible, for evil to form an alliance with good.”
—Isidore Ducasse, Comte de Lautréamont (1846–1870)
“A pun is not bound by the laws which limit nicer wit. It is a pistol let off at the ear; not a feather to tickle the intellect.”
—Charles Lamb (1775–1834)
“The more we learn of science, the more we see that its wonderful mysteries are all explained by a few simple laws so connected together and so dependent upon each other, that we see the same mind animating them all.”
—Olympia Brown (1835–1900)