IDEAS home Printed from
   My bibliography  Save this article

Vertical Integration and Excess Capacity Investment Policies and Decisions by Swedish Regional Newspapers


  • Stefan Melesko


The Swedish newspaper industry has adhered to a conventional wisdom to own and control its press production facilities based on the strategy of being a vertically integrated company. This approach has been considered an effective way to create barriers of entry and thus the perpetuation of monopolies. This ideology has been mostly supported by investment decision procedures. The result has been a continuous growth of excess capacity and decreasing profitability, instead of considering joint operations with other newspapers. A specific case is analyzed, and some dimensions of its failures are presented. Gradually, we may see the excess capacity question considered in a new light.

Suggested Citation

  • Stefan Melesko, 2004. "Vertical Integration and Excess Capacity Investment Policies and Decisions by Swedish Regional Newspapers," Journal of Media Economics, Taylor & Francis Journals, vol. 17(4), pages 295-308.
  • Handle: RePEc:taf:jmedec:v:17:y:2004:i:4:p:295-308
    DOI: 10.1207/s15327736me1704_4

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jmedec:v:17:y:2004:i:4:p:295-308. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.