1997_08_augustl_media ownership idea

It may be worth contrasting what has happened in the media that the Government has regulated: broadcast, pay TV and print (via foereign ownership and cross-ownership rules) with the two media that it has not regulated or not been able to regulate: video and the internet.

Video can be likened to a pay-TV movie channel. It has not been touched by government regulation. Result. Hundreds of highly competitive outlets offering abundant choice to consumers at highly competitive prices.

The Intenet. On the content side there are hundreds of Australian sites and thousands of foreign ones. On the carrier side, there are hundreds of Internet service provides. Once again they offer large choice at very competitive prices.

Those areas the Government have regulated, on the other hand, are laced with monopolistic

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