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

When we come to the issue of caps, which is the separate aspect of pluralism, which may or may not engage the terms of reference, but nonetheless you will speak to them, what you're proposing is that there should be two caps: one in relation to single entities controlling a given media audience, and we are looking at the four categories you had identified earlier; and then a different cap at a lower level for cross-media market revenue; is that right?

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