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

After your fourth bullet point, you refer to the possible need for consolidation to secure ongoing viability of news provision. Then you deal with the question of organic growth. You may have a commercial entity which is successful enough to acquire greater market share and you're saying: well, if that entity runs the risk of being divested in some way or pruned back in a mandatory fashion, then that would be highly undesirable as a matter of principle, really. But some would say it's essential to achieve greater plurality, wouldn't they?

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