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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...
Persistent link: https://www.econbiz.de/10012011207
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...
Persistent link: https://www.econbiz.de/10012869100
Search frictions are regarded as a major impediment to active competition in many markets. In some markets, such as financial and retail gasoline, governments and consumer protection agencies call for compulsory price reporting. Consumers could then more easily compare the firms' offers. We...
Persistent link: https://www.econbiz.de/10010425461
Search frictions are classified as a main impediment to active competition in many markets. In some markets, such as in financial and retail gasoline markets, governments and consumer protection agencies call for a compulsory price reporting. Consumers should then more easily compare the firms'...
Persistent link: https://www.econbiz.de/10010487276
This paper empirically investigates market behavior and firms' lobbying in a unified structural setup. In a sequential game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying coordination. Applying the setting to the early U.S....
Persistent link: https://www.econbiz.de/10014072069
fund the campaigns of political parties affected market conduct in the early US mobile telecommunications industry. We …
Persistent link: https://www.econbiz.de/10014029711
European mobile telecommunications services by, among others, studying how to reduce regulation heterogeneity in the 27 … points are identified in order to create an internal market for mobile telecommunications with high competitive dynamics: to …
Persistent link: https://www.econbiz.de/10014167635
Competition increases firm productivity, but in network industries, effective competition requires the vertical separation of firms. Although not necessarily, separation can lead to a trade-off between technical efficiency gains from competition and losses from separation. We use the case of US...
Persistent link: https://www.econbiz.de/10014109296
Utility subsidies are often defended as promoting universal service. However, specific support formulas may be poorly targeted and/or designed. The U.S. high cost loop support (HCLS) program (formerly referred to as the Universal Service Fund (USF)), has been a key component of the FCC's USF...
Persistent link: https://www.econbiz.de/10013132453
commissions approve various deregulatory mechanisms in different industries at different times. In the telecommunications market … state commissions adopted retail restructuring via Section 271 of the Telecommunications Act at different points in time …. This study extends empirical evidence on factors behind restructuring in the telecommunications market, and in utility …
Persistent link: https://www.econbiz.de/10014179035