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Mergers and acquisitions in radio and television broadcasting: Consistent goals and adaptive regulation

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  • Hauge, Janice A.

Abstract

Radio and television broadcasting regulatory policy is fraught with challenges due to rapidly changing technologies and therefore potentially fluid markets. The evolution of regulatory policy in the United States has been relatively adaptable, while policy goals remain constant by comparison. This paper seeks to identify the most important issues regulators face when considering the broadcasting industry generally, and to provide a guide to an adaptive regulatory environment in which mergers and acquisitions in the radio and television industries can exist, based on the U.S. experience.

Suggested Citation

  • Hauge, Janice A., 2014. "Mergers and acquisitions in radio and television broadcasting: Consistent goals and adaptive regulation," Utilities Policy, Elsevier, vol. 31(C), pages 133-142.
  • Handle: RePEc:eee:juipol:v:31:y:2014:i:c:p:133-142
    DOI: 10.1016/j.jup.2014.10.006
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    References listed on IDEAS

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    1. Oliver Budzinski & Isabel Ruhmer, 2010. "Merger Simulation In Competition Policy: A Survey," Journal of Competition Law and Economics, Oxford University Press, vol. 6(2), pages 277-319.
    2. A. Mitchell Polinsky & Steven Shavell (ed.), 2007. "Handbook of Law and Economics," Handbook of Law and Economics, Elsevier, edition 1, volume 2, number 2.
    3. Matthew L. Spitzer, 2010. "Television Mergers And Diversity In Small Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 6(3), pages 705-770.
    4. A. Mitchell Polinsky & Steven Shavell (ed.), 2007. "Handbook of Law and Economics," Handbook of Law and Economics, Elsevier, edition 1, volume 1, number 1.
    5. Seabright,Paul & von Hagen,Jürgen (ed.), 2007. "The Economic Regulation of Broadcasting Markets," Cambridge Books, Cambridge University Press, number 9780521874052.
    6. Seabright,Paul & von Hagen,Jürgen (ed.), 2007. "The Economic Regulation of Broadcasting Markets," Cambridge Books, Cambridge University Press, number 9780521696340, September.
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    Cited by:

    1. Teti, Emanuele & Tului, Stefano, 2020. "Do mergers and acquisitions create shareholder value in the infrastructure and utility sectors? Analysis of market perceptions," Utilities Policy, Elsevier, vol. 64(C).

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