Fable in Another Key Path Dependence and the Licensing of Music Performance Rights

W.W. Nye

Working Papers from U.S. Department of Justice - Antitrust Division

Abstract: Ths histories of the processes of obtaining music performance rights for theatrical motion pictures and for pre-recorded television are discussed as examples of path dependent historical processes. The histories of these markets might be identified as strong historical processes, and both processes may have resulted in inefficient equilibria.

Keywords: MUSIC; LICENCES (search for similar items in EconPapers)
JEL-codes: D45 L82 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fth:usjuat:00-3

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