English Abstract: This paper analyzes a mechanism through which product market competition affects allocation of the … activities: cost reduction (productive effort) and rent protection (unproductive effort). An increase in competition, measured by …. This paper identifies the conditions under which product market competition lowers the cost of providing incentives for …

currently applied to SOs in order to increase competition in the pay TV market or to enhance competitiveness of cable TV. If the … growing competition in the pay TV market leads to the relaxation of the local franchise regulation or restructuring of the …

competitive relationship--in terms of the Competition Law--among all paid broadcasting services included in this study, or at …, thereby having leeway to harm fair competition among different paid service providers. Therefore, that article needs to change …