By John Lloyd
The opinions expressed are his own.

An inquiry under way in the Royal Courts of Justice London, just a few hundred yards from Fleet Street, once the heart of the British newspaper industry, is becoming -- in the low key way in which the British like to think they always do things (but often don't) -- a global event. It is the consequence of a crisis, as inquiries frequently are. But it will have consequences of its own: one of these may be to redefine journalism for the 21st century.