The Potential Demise of another Natural Monopoly: New Technologies and the Administration of Performing RightsJournal of Competition Law and Economics (2006)
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.
- natural monopoly,
- collective administration,
- performing rights,
Publication DateMay, 2006
Citation InformationAriel Katz. "The Potential Demise of another Natural Monopoly: New Technologies and the Administration of Performing Rights" Journal of Competition Law and Economics Vol. 2 Iss. 2 (2006)
Available at: http://works.bepress.com/ariel_katz/5/