0 the situation in which two companies hold shares in each other: --
1 the fact of one company owning or controlling two or more companies with related interests, especially in the news and broadcasting industries: --
cross-ownership restrictions/rules
The proposal would partially lift a 35-year-old ban on the cross-ownership of newspapers and broadcast stations.
The maintenance of cross-ownership rules will make for more not less diversity of new entrants.
Yet it remains splendidly untrammelled by any of the ownership and cross-ownership restrictions that even this order provides.
I accept that cross-ownership has existed for some time, but with global information societies, this is an increasingly serious problem.
As television franchises will be granted for many years the dangers of cross-ownership are far more serious.
We must be very careful; it is not just a matter of cross-ownership.
I do not want to rehearse all the arguments again, but the issue of cross-ownership lies behind the amendment.
That makes the cross-ownership provisions that we are considering tonight perhaps more significant.
We do not consider that it is appropriate to rely on the public interest alone to regulate cross-ownership between newspapers and broadcasters.
