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Begin New Search Topic Markets Content Type Working Paper Publishing Institution Hudson Institute

1. Defining Relevant Markets for Mergers and Acquisitions Involving Communications Services

Author:
Harold Furchtgott-Roth and Jeffrey Li
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
Over the past 20 years, the Federal Communications Commission (“FCC” or “Commission”), often in coordination with the Department of Justice (“DoJ”), has reviewed dozens of mergers and acquisitions involving companies offering various forms of communications services, and many offering various forms of wireless services. To approve license transfers and other regulatory authorizations associated with each of these mergers and acquisitions, the FCC issues an order in which it often discusses antitrust issues including a definition of a “relevant product market” to assess the likely competitive effect of the merger.
Topic:
Economics, Markets, Science and Technology, and Communications

2. Future Marketplace: Free and Fair

Author:
Hanns Kuttner
Publication Date:
06-2012
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
In any market, buyers seek out the seller who offers the lowest prices and best terms. Government can distort markets by decreasing or increasing prices through subsidies, taxes or regulation. Compared to a free market, distortion means different sellers get the sale and at different prices.
Topic:
Economics, International Trade and Finance, Markets, and Science and Technology

3. A Rapidly Changing Energy World, Or Perhaps Not

Author:
Irwin M. Stelzer
Publication Date:
06-2012
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
Slow growth here and in China, and recession in Europe are reducing demand for oil. Inventories in the U.S. are at a 22-year high. The Federal Reserve Board's QEs that pumped paper money into the economy and drove up the nominal price of oil have come to an end. And the twelve OPEC oil cartelists, who between them supply 40% of the world's oil, are producing 1.6 million barrels in excess of the agreed daily quota of 30 million barrels. As a result, U.S. benchmark crude oil prices are now closer to $80 per barrel than to the $110 they reached only four months ago.
Topic:
Economics, International Trade and Finance, Markets, and Oil
Political Geography:
United States, China, and Europe