Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...

This paper analyses the websites of 82 national daily newspapers in eight Western European countries, in order to determine their online revenue models. Overall, 80.5 per cent of our newspapers try to monetise (part of) their online content in direct ways. In doing so, the bulk of the paying...

In a companion note (Antitrust vs. Sector-specific Regulation in Telecom: What Works Best?), we argued that while the full liberalization of telecommunications markets provides scope for relying to a large extent on general antitrust rules and institutions as instruments of economic regulation,...

Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the...

Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focusses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the...