Frank, Björn - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 74 (2005) 3, pp. 64-72
Some lines of economic reasoning do not produce clear-cut reasons why more competition in media markets would lead to better results. First, monopolistic media firms might have greater incentives to provide content variety. Second, their pricing policy might be untypical for monopolies because...