Media power and ownership concentration

Natascha Just, Alena Birrer and Danya He

Chapter 34 in Handbook of Media and Communication Governance, 2024, pp 458-471 from Edward Elgar Publishing

Abstract: This chapter revisits the issue of media power and ownership regulation in the light of economically influential internet platforms. Altogether, sector-specific ownership regulation continues to lose ground in favour of the sole application of competition law, which is more generally regarded as the preferred instrument against market-dominant internet platforms. This is evidenced by far-reaching changes to the main mechanisms of market-power control afforded by competition law, most prominently to the control of abusive practices. This goes hand in hand with attempts to strengthen the competitiveness of national media companies vis-à-vis international internet platforms, e.g. by exempting press companies from competition-law scrutiny or promoting public-value content. Overall, questions of how to integrate internet platforms into a diversity-securing regulatory system are being debated but thus far remain unsolved.

Keywords: Business and Management; Economics and Finance; Innovations and Technology; Law - Academic; Politics and Public Policy Sociology and Social Policy (search for similar items in EconPapers)
Date: 2024
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