Mark Stephens CBE, media lawyer representing phone hacking victims gives a talk for the Redirecting Fleet Street: Media Regulation and the Role of Law conference.
New media has increased the competitive pressures on the mainstream press, and the imposition of heavy regulatory burdens and the obligation to pay for self-regulation may prove an incentive for media organizations to move offshore. There is a danger that, if the Leveson Inquiry follows the regulatory model set by a recent Judge-led Inquiry into the Media and Media Regulation in Australia, there could be significantly detrimental effects for media plurality in the UK.