This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...

Telecommunications in South Africa is one example of the regulatory state, dating from the early 1990s and comprising the usual elements of commercial operators, ministers issuing periodic policies, a regulator, a competition authority, systems of appeal, and parliamentary oversight. Less...