HC Deb 24 July 1984 vol 64 c565W
Mr. Meadowcroft

asked the Secretary of State for Trade and Industry whether he will introduce legislation to limit holdings in national newspapers to a maximum of 15 per cent.

Mr. Fletcher

No. The newspaper merger provisions of the Fair Trading Act 1973 regulate the concentration of newspaper ownership. I do not believe that statutory limits on the ownership as such of newspapers are necessary or desirable.