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Media Control: A Case for Privatization in Transitional Economies

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  • Fran Galetić
  • Marina Dabić
  • Timothy Kiessling

Abstract

The television market can be one of the most dynamic industries if country-specific regulations allow for private competitors to enter the market. The entry of competition changes the market from monopolistic to oligopolistic, which has positive performance implications for the industry. Our research analyzes the development of the Croatian TV market from the monopolistic stage to the current oligopolistic stage. Econometric models in this article aim to estimate the current trend of market concentration and its future potential. The authors’ research focusing on the industry from a market concentration perspective provides guidance for the practitioner in regard to profitable investment opportunities. They also illustrate for other transitional economies that to move toward a “free” society, media must be free from government control which will evolve rapidly once privatized.

Suggested Citation

  • Fran Galetić & Marina Dabić & Timothy Kiessling, 2016. "Media Control: A Case for Privatization in Transitional Economies," Journal of Media Economics, Taylor & Francis Journals, vol. 29(3), pages 111-124, July.
    • Handle: RePEc:taf:jmedec:v:29:y:2016:i:3:p:111-124
    DOI: 10.1080/08997764.2016.1206907
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    References listed on IDEAS

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    1. George, Lisa, 2007. "What's fit to print: The effect of ownership concentration on product variety in daily newspaper markets," Information Economics and Policy, Elsevier, vol. 19(3-4), pages 285-303, October.
    2. Schmid, Andreas & Ulrich, Volker, 2013. "Consolidation and concentration in the German hospital market: The two sides of the coin," Health Policy, Elsevier, vol. 109(3), pages 301-310.
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    1. Galetić, Fran & Dabić, Marina, 2020. "Models of television market power in Germany and Croatia," Technology in Society, Elsevier, vol. 63(C).

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