The aim of this chapter is to survey the media economics literature on mergers. In particular, we try to accentuate … where the effects of mergers differ between conventional one-sided markets and two-sided media markets (though not all media … mergers are within two-sided markets). We focus on price effects in the first part of the chapter, and in the second part we …

an anthitrust authority present to approve mergers, and there is sufficient alignment of interests between the antitrust …

, is nevertheless able to obtain corporate control over all pricing decisions. We find that joint profit can be higher in … the latter case because it may result in a greater dampening of competition with respect to an outside competitor when the …

Bertrand and Cournot competition as special cases. In our model the intensity of competition is captured by a single parameter … competition and the number of competitors. We then examine how the intensity of competition affects the gains from changing the … number of competitors. When competition is intense, most of the gains from extra competition are captured with the entry of a …

determined. Generally, customer acquisition is deterministic while pricing is randomized. The equilibrium outcome depends on the … timing of customer acquisition relative to pricing. If sellers acquire customers before setting prices, the unique …

possible way to help resolve externalities that can be harmful to firm profit and welfare. Whilst independent pricing on the … network yields lower profit and sometimes even lower welfare than monopoly pricing, we show that by allowing the firms to …

possible way to help resolve externalities that can be harmful to firm profit and welfare. Whilst independent pricing on the … network yields lower profit and sometimes even lower welfare than monopoly pricing, we show that by allowing the firms to …

A recent string of theoretical papers highlights the importance of geographical distance in explaining pricing and …