The prohibition of the proposed Springer-Proiebensat.1 merger: How much economics in German merger control?

Journal of Competition Law and Economics

Volumn 3, Issue 2, 2007, Pages 281-306

  Budzinski, Oliver ^a   Wacker, Katharina ^b  

^a PHILIPPS UNIVERSITY MARBURG   (Germany)

^b HEINRICH HEINE UNIVERSITY   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34547112568     PISSN: 17446414     EISSN: 17446422     Source Type: Journal    
DOI: 10.1093/joclec/nhm008     Document Type: Review

References (61)

1. Aigner, G., Budzinski, O., Christiansen, A. (2006). The Analysis of Coordinated Effects in EU Merger Control: Where Do We Stand After Sony/BMG and Impala?, European Competition Journal, 2 (2): 311-36.
2. Anderson, S.P., Gabszewicz,J.J. (2006), The Media and Advertising: A Tale of Two-Sided Markets, in: Handbook of the Economics of Art and Culture, Vol. 1. Amsterdam: Elsevier, pp. 567-614.
3. Baxter, S., Dethmers, F., Dodoo, N. (2006), The GE/Honeywell Judgement and the Assessment Conglomerate Effects: What's New in EC Practice?, European Competition Journal, 2 (1): 141-67.
4. Bernitz, U. (2006), On the Need and Advantages of Specific Media Regulation: Some Critical Remarks, in: H. Ullrich (ed.), The Evolution of European Competition Law. Cheltenham: Elgar, pp. 197-200.
5. Bishop, S. et al. (2005). The Efficiency-Enhancing Effects of Non-Horizontal Mergers. Luxembourg: Office for Official Publications of the European Communities; available at http://ec.europa.eu/enterprise/ library/lib-competition/doc/non_horizontal_mergers.pdf.
6. Bohne, M. (2006), Cross-mediale Effekte in der Fusionskontrolle, Wettbewerb in Recht und Praxis, 52(5): 540-48.
7. Bolton, P., Brodley, J.F., Riordan, M.H. (2000). Predatory Pricing: Strategic Theory and Legal Policy, The Georgetown Law Journal, 88 (8): 2239-330.
8. Bornemann, R. (2006), Wie die KEK gefühlte Meinungsmacht in eine Eingriffskompetenz umrechnet, MultiMedia und Recht, 9 (5): 275-9.
9. Buccirossi, P. (2006), Does Parallel Behavior Provide Some Evidence of Collusion?, Review of Law & Economics, 2 (1): 85-102
10. Budzinski, O. (2006). An Economic Perspective on the Jurisdictional Reform of the European Merger Control System, European Competition Journal, 2 (1): 119-40.
11. Budzinski, O., Christiansen, A. (2005). Competence Allocation in the EU Competition Policy System as an Interest-Driven Process, Journal of Public Policy, 25 (3): 313-37.
12. Bundeskartellamt. (2006). Beschluss B6-103/05 (Axel Springer/ ProSiebenSat1 Media) vom 19.1.2006; available at http://www.bundeskartellamt.de/wDeutsch/download/pdf/Fusion/Fusion06/ B6-103-05.pdf.
13. Carbajo, J., De Meza, D., Seidmann, D.J. (1990). A Strategic Motivation for Commodity Bundling, Journal of Industrial Economics, 38 (3): 283-98.
14. Carlton, D.W., Waldman, M. (2002). The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries, Rand Journal of Economics, 33 (2): 194-220.
15. Chen, Y. (1997). Equilibrium Product Bundling, Journal of Business 70 (1): 85-103.
16. Choi, J.P. (2004). Tying and Innovation: A Dynamic Analysis of Tying Arrangements, Economic Journal, 114 (1): 83-101.
17. Choi, J.P., Stefanadis, C. (2001). Tying, Investment, and the Dynamic Leverage Theory, Rand Journal of Economics, 32 (1): 52-71.
18. Chon, B.S., Choi, J.H., Barnett, G.A., Danowski, J.A., Joo, S.-H. (2003). A Structural Analysis of Media Convergence: Cross-Industry Mergers and Acquisitions in the Information Industries, The Journal of Media Economics, 16 (3): 141-57.
19. Christiansen, A. (2006). The Reform of EU Merger Control: Fundamental Reversal or Mere Refinement?, available at http://ssrn.com/ abstract=898845.
20. Church, J. (2004). The Impact of Vertical and Conglomerate Mergers on Competition, Final Report for the European Commission, available at http://ec.europa.eu/comm/competition/mergers/studies_reports/ merger_impact.pdf.
21. Church, J., Gandal, N. (2000). Systems Competition, Vertical Merger, and Foreclosure, Journal of Economics and Management Strategy, 9 (1): 25-51.
22. Denicolo, V. (2000). Compatibility and Bundling with Generalist and Specialist Firms, Journal of Industrial Economics, 48 (2): 177-88.
23. Dewenter, R. (2004). Essays on Interrelated Media Markets. Nomos: Baden Baden.
24. Dewenter, R., Kaiser, U. (2005). Fusionen auf dem Printmedienmarkt aus wirtschaftstheoretischer Sicht, Vierteljahreshefte zur Wirtschaftsforschung, 74 (3): 51-63.
25. Farrell, J., Katz, M.L. (2000). Innovation, Rent Extraction, and Integration in Systems Markets, Journal of Industrial Economics, 48 (4): 413-32.
26. Gounalakis, G., Zagouras, G. (2006) Konglomerate Medienkonzerne und die Wettbewerbsaufsicht - Eine Nachlese zum Fall Springer/ProSiebenSat.1, Neue Juristische Wochenzeitschrift, 59 (23): 1624-27.
27. Grant, J., Neven, D.J. (2005). The Attempted Merger between General Electric and Honeywell: A Case Study of Transatlantic Conflict, Journal of Competition Law and Economics, 1 (3): 595-633.
28. Hain, K.-E. (2006). Springer, ProSiebenSat.1 und die KEK - eine Nachlese, Kommunikation & Recht, 9 (4): 150-55.
29. Howarth, D. (2005). Tetra Laval/Sidel: Microeconomics or Microlaw?, European Competition Law Review, 26 (7): 369-375.
30. Idot L. (2006). Mergers in the Media Sector: Business as Usual?, in: H. Ullrich (ed.) The Evolution of European Competition Law. Cheltenham: Elgar, pp. 170-90.
31. KEK. (2000). Fortschreitende Medienkonzentration im Zeichen der Konvergenz - Konzentrationsbericht der Kommission zur Ermittlung der Konzentration im Medienbereich, Berlin, 2000.
32. KEK. (2006). Entscheidung vom 10.01.2007: Beteiligungsveränderungen bei Tochtergesellschaften der ProSiebenSat.1 Media AG, Aktenzeichen 293-1 bis-5; available at http://www.kek-online.de/kek/verfahren/kek293prosieben-sat1.pdf.
33. Kolasky, W.J. (2005). Mario Monti's Legacy: A U.S. Perspective, Competition Policy International, 1 (1): 155-77.
34. Kremmyda, P. (2006). Comment, in: H. Ullrich (ed.), The Evolution of European Competition Law. Cheltenham: Elgar, pp. 191-6.
35. Kruse, J. (2000), Ökonomische Probleme der deutschen Fernsehlandschaft, in: Kruse, J. (ed.) Ökonomische Perspektiven des Fernsehens in Deutschland. München: Verlag Reinhard Fischer, pp. 7-47.
36. Kuchinke, B.A., Schubert, J.M. (2006). Der Beschluss des Bundeskartellamts in Sachen Springer - ProSiebenSat.1, Wirtschaft und Wettbewerb, 56 (5): 477-85.
37. Lange, B.-P. (2005). Die Übernahme von ProSiebenSat.1 durch den Axel-Springer-Konzern, Media-Perspektiven, 11/2007, 546-57.
38. Ma, C.A. (1997). Option Contracts and Vertical Foreclosure, Journal of Economics and Management Strategy, 6 (4): 725-53.
39. Martin, S. (1999). Strategic and Welfare Implications of Bundling, Economics Letters, 62 (3): 371-6.
40. Möschel, W. (2005). Springer-ProSiebenSat.1: Viel Lärm um nichts, FAZ, 24.10.2005.
41. Motta, M., Polo, M. (1997). Concentration and Public Policies in the Broadcasting Industry: The Future of Television, Economic Policy, 12 (25): 295-334.
42. Nalebuff, B.J. (2000). Competing Against Bundles. Yale School of Management, Working Paper Series H no. 7.
43. Nalebuff, B.J. (2005). Tied and True Exclusion, Competition Policy International, 1 (1): 40-53.
44. Neven, D.J. (2006). Competition Economics and Antitrust in Europe, Economic Policy, 21 (48): 742-91.
45. Nikolinakos, N.T. (2004). Mergers and Strategic Alliances in the Emerging Multi-Media Sector: The EU Competition Policy, European Competition Law Review, 25 (10): 625-37.
46. Polo, M. (2005). Regulation for Pluralism in the Media Markets, Bocconi University and IGIER, mimeo; available at http://www.igier.uni-bocconi.it/whos.php?vedi=1072&tbn- albero&id_doc=177.
47. Rochet, J.-C., Tirole, J. (2003). Tying in Two-Sided Markets, Discussion Paper, IDEI University of Toulouse.
48. Rochet, J.-C., Tirole, J. (2004). Defining Two-Sided Markets, Discussion Paper; available at http://www.brousseau.info/semnum/pdf/ 2004-03-01_tirole.pdf.
49. Röller, L.-H., De La Mano, M. (2006). The Impact of the New Substantive Test in European Merger Control, European Competition Journal, 2 (1): 9-28.
50. Roson, R. (2005). Two-Sided Markets: A Tentative Survey, Review of Network Economics, 4 (2): 142-60.
51. Rott, A. (2003). Werbefinanzierung und Wettbewerb auf dem deutschen Fernsehmarkt. Berlin: Duncker & Humblot, 2003.
52. Säcker, F.J. (2005). Fusions- und Kartellerleichterungen für Zeitungsverlage aus wettbewerbsrechtlicher Sicht, Vierteljahreshefte zur Wirtschaftsforschung, 74 (3): 19-32.
53. Säcker, F.J. (2006). Zur Ablehnung des Zusammenschlussvorhabens Axel Springer AG/ProSiebenSat.1 Media AG durch KEK und Bundeskartellamt, Kommunikation & Recht, 9 (2): 49-54.
54. Seidmann, D.J. (1991). Bundling as a Facilitating Device: A Reinterpretation of Leverage Theory, Economica, 58: 491-499.
55. SevenOne Media (2006). Daten zur Entwicklung des Werbemarktes: TV-Sendersplit netto; available at http://www.sevenonemedia.de/ imperia/md/content/content/Research/Downloads/werbemarkt/ netto_sendersplit_2004.xls.
56. Temple Lang, J. (2003). Two important Merger Regulation Judgments: The Implications of "Schneider-Legrand" and "Tetra Laval-Sidel," European Law Review, 28 (2): 259-72.
57. Tirole, J. (2005). The Analysis of Tying Cases: A Primer, Competition Policy International, 1 (1): 1-25.
58. Von Wallenberg, G. (2007). Eine "Heuschrecke" steigt bei ProSiebenSat.1 Media ein, Wirtschaft und Wettbewerb, 57 (3): 115.
59. Wacker, K. (2007). Regulierung und Wettbewerb im deutschen Fernsehmarkt: Deregulierungsbedarf und Umsetzungsbedingungen. Stuttgart: Lucius & Lucius, forthcoming.
60. Wessely, K. (1995). Das Recht der Fusionskontrolle und Medienfusionskontrolle. Wien: Manz.
61. Whinston, M.D. (1990). Tying, Foreclosure, and Exclusion, American Economic Review, 80 (4): 837-59.