41.   The deal is not expected to breach the Broadcasting Ordinance, which lays down limits on media ownership.

42.   The law was written to limit the concentration of media ownership.

43.   Tony Ianno, a Parliament member from Toronto, said he might ask the House of Commons industry committee to examine the concentration of media ownership.

44.   While Packer promotes his cause on nationalistic grounds, his critics maintain diversity of media ownership is at risk.

45.   At present such cross media ownership is barred.

46.   British media stocks were also in demand because of proposals to relax the rules on media ownership.

47.   Colson said earlier that Prime Minister Paul Keating and his government must decide through policy and legislation which way they wanted to see media ownership go in Australia.

48.   Dini has already made it clear he intends to step down once a law on reforming media ownership is passed.

49.   Fallon said that given the huge black majority, it was inevitable that the profile of media ownership would shift towards black ownership.

50.   The warning came as the House was near completion of a massive reform of the telecommunications law that would significantly loosen restrictions on media ownership in the United States.