Media pluralism and competition

In this paper, we study the role of competition in fostering media pluralism. We analyze this issue in a framework where political ideas are horizontal differentiated, and where news firm choose the amount of pluralism to provide to the media market. We show that when the costs of providing pluralis...

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Bibliographic Details
Published in:European journal of law and economics 2017-04, Vol.43 (2), p.255-283
Main Author: Garcia Pires, Armando J.
Format: Article
Language:English
Subjects:
Commercial Law
Competition
Competition policy
Consumers
Democracy
Duopoly
Economic models
Economics
Economics and Finance
Europe
European Integration
European Union
Freedom of the press
Human rights
Law and Economics
Market structure
Media
Monopolies
Prices
Public Finance
Studies
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Summary:In this paper, we study the role of competition in fostering media pluralism. We analyze this issue in a framework where political ideas are horizontal differentiated, and where news firm choose the amount of pluralism to provide to the media market. We show that when the costs of providing pluralism are relatively high, media pluralism is higher in monopoly than in duopoly. In this context, we question whether the EU approach to media pluralism based exclusively on competition law is sufficient to foster pluralism in the EU media market.
ISSN:0929-1261
1572-9990
1572-9346
DOI:10.1007/s10657-016-9548-x