In this issue:
We’re looking at two volatile media questions—the hotly debated Comcast/Time Warner merger in the U.S. and media plurality in the U.K. Understanding the Comcast merger requires an appreciation that the diverse services the company provides—pay television, broadband, and content—create horizontal & vertical merger issues plus a variety of possible remedies. And, as the U.K. drafts new plurality regulations, there is an intriguing question: Can antitrust lessons be used to measure possible problems, create remedies, and overcome possible bias?
The Comcast-Time Warner Proposed Merger
Notwithstanding Comcast’s and TWC’s assertions, combining two monopolies does not yield better service, lower retail prices, more innovation, and greater choices for consumers. Allen P. Grunes (GeyerGorey LLP) & Maurice E. Stucke (Univ. of Tennessee College of Law)
Properly understood, the proposed Comcast/TWC merger presents no competitive concerns. Geoffrey Manne (International Center for Law and Economics)
It would serve competition and antitrust if the antitrust agency didn’t have the option of the shiny, but dangerous, tool known as a conduct remedy. Jarod Bona (Bo