Faculty News
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Prof. Nicholas Economides discusses a possible merger between Comcast and Time Warner
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Excerpt from HuffPost Live -- "[The potential merger] gets closer to a monopoly, but keep in mind that these companies are in different local areas, so they're not typically competing head-to-head. On the other hand, they all participate in the market of buying movies and video to show and there they will have much more power to squeeze the studios to give them lower prices. So that's a major issue, I think, for the Department of Justice."
Faculty News
—
Excerpt from HuffPost Live -- "[The potential merger] gets closer to a monopoly, but keep in mind that these companies are in different local areas, so they're not typically competing head-to-head. On the other hand, they all participate in the market of buying movies and video to show and there they will have much more power to squeeze the studios to give them lower prices. So that's a major issue, I think, for the Department of Justice."