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Media Mergers with Preference Externalities and Their Implications for Content Diversity, Consumer Welfare, and Policy

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  • C. Bush
  • Paul Zimmerman

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  • C. Bush & Paul Zimmerman, 2010. "Media Mergers with Preference Externalities and Their Implications for Content Diversity, Consumer Welfare, and Policy," Journal of Industry, Competition and Trade, Springer, vol. 10(2), pages 105-133, June.
    • Handle: RePEc:kap:jincot:v:10:y:2010:i:2:p:105-133
    DOI: 10.1007/s10842-009-0057-2
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    References listed on IDEAS

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    1. Bush, C.A., 1994. "Interdependent Preferences and Status: A Taxonomy of Demand," RCER Working Papers 385, University of Rochester - Center for Economic Research (RCER).
    2. Steven T. Berry & Joel Waldfogel, 2001. "Do Mergers Increase Product Variety? Evidence from Radio Broadcasting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 1009-1025.
    3. Bagwell, Laurie Simon & Bernheim, B Douglas, 1996. "Veblen Effects in a Theory of Conspicuous Consumption," American Economic Review, American Economic Association, vol. 86(3), pages 349-373, June.
    4. Robert P. Rogers & John R. Woodbury, 1996. "Market Structure, Program Diversity, And Radio Audience Size," Contemporary Economic Policy, Western Economic Association International, vol. 14(1), pages 81-91, January.
    5. Oberholzer-Gee, Felix & Waldfogel, Joel, 2005. "Strength in Numbers: Group Size and Political Mobilization," Journal of Law and Economics, University of Chicago Press, vol. 48(1), pages 73-91, April.
    6. Dertouzos, James N & Trautman, William B, 1990. "Economic Effects of Media Concentration: Estimates from a Model of the Newspaper Firm," Journal of Industrial Economics, Wiley Blackwell, vol. 39(1), pages 1-14, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Van der Burg, Miriam & Van den Bulck, Hilde, 2015. "Economic, political and socio-cultural welfare in media merger control: An analysis of the Belgian and Dutch competition authorities’ reviews of media mergers," Information Economics and Policy, Elsevier, vol. 32(C), pages 2-15.
    2. Bartelt, Nadja, 2018. "Bundling in Internetmärkten: Ökonomische Besonderheiten, Wettbewerbseffekte und Regulierungsimplikationen," Ilmenau Economics Discussion Papers 120, Ilmenau University of Technology, Institute of Economics.
    3. Bush, C. Anthony, 2014. "Bridging the gap between horizontal and vertical merger simulation: Modifications and extensions of PCAID," Economics Discussion Papers 2014-33, Kiel Institute for the World Economy (IfW Kiel).
    4. Anderson, Simon & Waldfogel, Joel, 2015. "Preference Externalities in Media Markets," CEPR Discussion Papers 10835, C.E.P.R. Discussion Papers.

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    More about this item

    Keywords

    diversity; media ownership; merger policy; preference externalities; product repositioning; welfare; K21; K23; L41; L82;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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