Farmer-owned processing cooperatives are common in agricultural industries, but they differ from standard profit maximizing firms. The farmers who supply a cooperative are also the shareholders and a cooperative aims to maximize the overall return to its suppliers. So the presence of a...

The Australian model of free-to-air (FTA) broadcasting is stuck in the 1950s. This paper reviews the existing Australian approach to FTA broadcasting which provides incumbent networks with complete control over the available spectrum albeit tied down by a range of regulatory constraints. We...