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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 outlines the modern industrial organization theory of media markets including competition policy implications. After recapturing fundamentals of industrial organization theory in a non-technical way, the state of the art of (i) modern platform economics, (ii) the economics of the...
Persistent link: https://www.econbiz.de/10011900507
Roughly during the last decade, European Competition Policy has undergone a series of fundamental changes. All four areas - cartel policy, merger policy, abuse control, and state aid control - have been subject to a modernization process, which led to a focus on analysing the effects of...
Persistent link: https://www.econbiz.de/10009671551
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The importance of digital platforms and related data-driven business models is ever increasing and poses challenges for the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to...
Persistent link: https://www.econbiz.de/10012212529
Computational antitrust is gaining high attention from competition authorities worldwide. In this paper, we examine the promises and downsides of merger simulations as a tool of computational antitrust. In doing this, we first provide an overview of the working mechanisms of the merger...
Persistent link: https://www.econbiz.de/10014083491