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The news media bargaining code could backfire if small media outlets aren't protected: an economist explains

  • Written by Simon Wilkie, Dean, Faculty of Business and Economics; Head of Monash Business School, Monash University
The news media bargaining code could backfire if small media outlets aren't protected: an economist explainsRick Rycroft/AP

When I was the chief economist at the US Federal Communications Commission, we oversaw was the acquisition of DirecTV, the satellite pay-TV platform, by News Corp in 2003.

Prior to the merger, DirecTV did not own significant content, and content-rich News Corp did not own a pay-TV distribution platform.

Economic analysis showed the...

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