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There is a approximate approach in Austria.

Parties are allowed donations, but they can't spend more than x on election campaigns, no matter where the money is coming from. Time on public TV is kind-of regulated. TV ads are not really a thing, mostly billboards and print.

Can be circumvented though, since it requires parties to declare spendings correctly (and labelled correctly). "Oh, those fancy pens that look like merch? For work if course!" "We didn't rent this venue, a party-friend did"

Difficult to enforce with all the possible loopholes.



It does make blatant abuse hard though.




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