In many countries you have absolute bans. Some people just cannot own a newspaper, for instance, an advertising agency cannot own a newspaper. There are pure entry issues. Then there are safeguards—like the 2X3 rule. In virtually all jurisdictions, if you own a newspaper and a TV station, you cannot own radio stations.In many of these markets, there are ownership and market-share restrictions. You cannot own more than 20% or 30% across different media. In some places, if a newspaper has more than 30% or 40% market share, the regulator starts chasing him. We want plurality. And, we will, in the interest of bigger goals of nurturing democracy, impose restrictions on ownership across forms of media, and specific ownership in particular forms and definitely in terms of market share so that it does not sway public opinion.

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