THE POTENTIAL DEMISE OF ANOTHER NATURAL MONOPOLY: NEW TECHNOLOGIES AND THE ADMINISTRATION OF PERFORMING RIGHTS

Ariel Katz ()

Journal of Competition Law and Economics, 2006, vol. 2, issue 2, 245-284

Abstract: This is a second in a series of two articles in which I challenge the collective administration of performing rights. In the first article, published in a recent issue of this journal, I questioned the natural monopoly paradigm that dominates the analysis of collective administration of performing rights. In this article I demonstrate how, by lowering many of the transaction costs which previously purported to justify the practice, new digital technologies further undermine the justification for collective administration. I also discuss whether market forces alone would transform the market into a competitive one, consider possible continuing roles for existing performing rights organizations, and compare the Canadian and the U.S. regulatory approaches to determine how conducive they are to such change.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:oup:jcomle:v:2:y:2006:i:2:p:245-284.

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Journal of Competition Law and Economics is currently edited by Nicholas Economides, Amelia Fletcher, Michal Gal, Damien Geradin, Ioannis Lianos and Tommaso Valletti

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