NWS 0.38% $41.80 news corporation..

accc should have power to break up monopolies

  1. 985 Posts.
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    Strange that in Australia, unlike the US, there is no statute that enables the breaking up of a monopoly.

    News Limited has about 70% of daily newspaper readership and sells the dominant paper in every city except Perth and Canberra.

    So if there was ever a monopoly, News Limited is it. That in itself explains why there is no way to break up monopolies here.

    Note: Sentiment is "None" because there is no option "Burn in hell war-mongering filth"
 
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