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

Mm. So what I was -- trying to square that circle, I was suggesting that there is an important role for political discretion and decision-taking that could be accommodated at the start of the process in any new legislation in setting out the parameters which Ofcom should apply, but then the regulator would be then free to exercise discretion within those more closely drawn or clearly drawn parameters when it came to looking at an individual plurality case, and that would not be that different, I think, from the application of regulation in other areas of competition law -- for instance, where the professional bodies are obliged to operate obviously within the terms of their statutory obligations but do have a degree of discretion as they make their decisions.

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