We employ an event-study methodology, the event being the vertical merger between Time Warner and Turner Broadcasting, distribution and programming, respectively, in the cable television industry. We assess the effects of the merger on final prices, subscriptions, and carriage and marketing decisions of Time Warner. The analysis finds several interesting facts. First, foreclosure in Time Warner markets following the merger is observed for the rival channels that are not integrated with any cable distributors. Second, the Turner Broadcasting channels that increased market shares because of this merger appeared to be foreclosed by Time Warner prior to the merger. The preference for own channels by Time Warner persisted, despite a lower qualit...
The AOL-Time Warner merger, announced in January 2000, was and still is the largest merger ever cons...
Recent mergers and academic commentary have placed renewed focus on what has long been one of the ce...
We develop a model of vertical merger waves leading to input foreclosure. When all upstream firms be...
This study explores the programming relationship between vertically integrated station groups and th...
Recently, federal regulators responsible for enforcing the antitrust laws have shown a renewed inter...
Increasingly, cable and satellite TV services (known as “MVPDs”) seek to acquire upstream programmin...
Theory shows that vertical integration has contrasting two effects, efficiency and foreclosure effec...
The FCC’s analysis of the Comcast-NBCU transaction fills a gap in the contemporary treatment of vert...
Recently, federal regulators responsible for enforcing the antitrustlaws have shown a renewed intere...
The economic and legal view of vertical integration has varied over time. But, a constant source of ...
Merger control is one of the most central antitrust enforcement missions of the Department of Justic...
The following case study is intended to describe the evolution of the American cable industry and th...
We investigate the welfare effects of vertical integration of regional sports networks (RSNs) with p...
The economic and legal view of vertical integration has varied over time, but, a constant source of ...
"The cable industry consists of both upstream and downstream firms: the Cable Television Programming ...
The AOL-Time Warner merger, announced in January 2000, was and still is the largest merger ever cons...
Recent mergers and academic commentary have placed renewed focus on what has long been one of the ce...
We develop a model of vertical merger waves leading to input foreclosure. When all upstream firms be...
This study explores the programming relationship between vertically integrated station groups and th...
Recently, federal regulators responsible for enforcing the antitrust laws have shown a renewed inter...
Increasingly, cable and satellite TV services (known as “MVPDs”) seek to acquire upstream programmin...
Theory shows that vertical integration has contrasting two effects, efficiency and foreclosure effec...
The FCC’s analysis of the Comcast-NBCU transaction fills a gap in the contemporary treatment of vert...
Recently, federal regulators responsible for enforcing the antitrustlaws have shown a renewed intere...
The economic and legal view of vertical integration has varied over time. But, a constant source of ...
Merger control is one of the most central antitrust enforcement missions of the Department of Justic...
The following case study is intended to describe the evolution of the American cable industry and th...
We investigate the welfare effects of vertical integration of regional sports networks (RSNs) with p...
The economic and legal view of vertical integration has varied over time, but, a constant source of ...
"The cable industry consists of both upstream and downstream firms: the Cable Television Programming ...
The AOL-Time Warner merger, announced in January 2000, was and still is the largest merger ever cons...
Recent mergers and academic commentary have placed renewed focus on what has long been one of the ce...
We develop a model of vertical merger waves leading to input foreclosure. When all upstream firms be...