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
Rick Rycroft/APWhen 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...
