Labour Bill on interest in companies

The Labour Party is attempting to extend the meaning of the term "abuse of dominant position" in a new Private Members Bill on…

The Labour Party is attempting to extend the meaning of the term "abuse of dominant position" in a new Private Members Bill on media ownership. The Bill, which will be moved by former Minister Mr Michael D. Higgins today, provides that a person or a company cannot have a direct or indirect interest in more than 25 per cent of two different media markets.

The maximum interest will be 100 per cent of one market and 24.99 per cent of one or more other markets.

The Bill also provides for public rights of access to certain broadcast events of major importance to society. This would implement Article 3a of the EU Broadcasting Directive.