The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

You raise quite an interesting economic argument on the third page of your witness statement right at the bottom of the page, and you argue that any legal or technological method of censorship will have an economic cost. If I've understood you correctly, the point you're making is that as soon as this country imposes a regulatory system which goes beyond that of, say, America, with its First Amendment rights, then businesses will be attracted to the country with the less intrusive regulation if they want to publish content over new media, and that is why so much of the new media is based in America?

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