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Legislature Relaxes Ban on Government Owning Shares in Media Companies
Summary by Taipei Times
2 Articles
2 Articles
Legislature relaxes ban on government owning shares in media companies
The Legislative Yuan yesterday passed an amendment to the Cable Radio and Television Act (有線廣播電視法) to ease a ban on government investment in cable television system operators, allowing the government to hold up to a 1 percent indirect, noncontrolling stake for purely financial purposes. The act proh
·Taipei, Taiwan
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The Legislative Yuan today passed the third reading of amendments to certain articles of the Cable Television Act, appropriately loosening the restrictions on purely financial indirect investments not effectively controlled by the government, its foundations, or their trustees. The previous restriction on holding any shares in the system operator has been relaxed to a maximum of 1%.
·New York, United States
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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