The Broadcasting Commission of Ireland has found that businessman Denis O'Brien's various media interests do not breach its policies on ownership.
The BCI looked at Mr O'Brien's interests in the State, Dublin and the south-west in the light of its policy on ownership and control of media assets. It decided to examine the issue following Mr O'Brien's appointment of three directors to the board of Independent News & Media - in which he is a major shareholder - earlier this year.
'The Commission has determined that Mr O'Brien does not have control of, or substantial interests in, an undue amount of communications media in any of these franchise areas,' the BCI said.
The commission said it took into account all communications media, and their audience shares, in each area. The BCI said it was satisfied that there were enough rival media outlets in each area, and that Mr O'Brien's substantial interest in Independent News & Media - along with his radio interests - did not constitute dominance in terms of 'opinion forming power'.
Mr O'Brien has controlling interests in Newstalk, Today FM, Spin 103.8 and Dublin's 98. He also has a substantial interest in Spin South West.