Economic, political and socio-cultural welfare in media merger control : an analysis of the Belgian and Dutch competition authorities reviews of media mergers
Abstract: The premise of consumer welfare in competition law entails that National Competition Authorities (NCAs) weigh both economic and non-economic interests of consumers against those of producers. This contribution distinguishes between economic, socio-cultural and political welfare to evaluate whether NCAs examine a mergers impact against the width of consumer interest. A claim analysis is conducted of the NCAs formal decisions on eight selected cases of proposed media mergers. The analysis shows that, in recent years, these NCAs pay attention to non-economic interests of consumers, but... Mehr ...
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Dokumenttyp: | acceptedVersion |
Erscheinungsdatum: | 2015 |
Schlagwörter: | Economics / Mass communications |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-27302768 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://hdl.handle.net/10067/1267650151162165141 |
Abstract: The premise of consumer welfare in competition law entails that National Competition Authorities (NCAs) weigh both economic and non-economic interests of consumers against those of producers. This contribution distinguishes between economic, socio-cultural and political welfare to evaluate whether NCAs examine a mergers impact against the width of consumer interest. A claim analysis is conducted of the NCAs formal decisions on eight selected cases of proposed media mergers. The analysis shows that, in recent years, these NCAs pay attention to non-economic interests of consumers, but remain vague as to, first, what interests in particular are at stake; second, who the stakeholders are; and, third, how these interests are weighed. The results suggest potential to increase consumer welfare by safeguarding the medias political and socio-cultural role in particular. To this end, first, the perspective of individuals as citizens must prevail; second, specific tests must review the impact of media mergers on political and socio-cultural welfare; and, third, NCAs and Media Regulatory Authorities (MRAs) must bundle strengths.