The EU has rightly acknowledged the vital role that a pluralistic, competitive media business can play in a modern democracy. The responsibilities here are divided among different regulatory agencies. Media ownership is a matter for the Member States.
But competition law is largely harmonised at European level. In particular, the European Commission is responsible for ensuring all state aid granted to European business is necessary and proportionate. In the broadcasting sector, which contains strong and sometimes dominant publicly-funded players, this has led to a series of important precedents.