Do Movie Majors Really Collude? Indirect Evidence from Release Schedules

• Fernanda Gutiérrez-Navratil ^[2] ; Víctor Fernández-Blanco ^[1] ; Luis Orea-Sánchez ^[1] ; Juan Prieto-Rodríguez ^[1]
  1. [1] Universidad de Oviedo

     Universidad de Oviedo

     Oviedo, España

     
  2. [2] Universidad del País Vasco/Euskal Herriko Unibertsitatea

     Universidad del País Vasco/Euskal Herriko Unibertsitatea

     Leioa, España

     
• Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 221, 2017 (Ejemplar dedicado a: Cultural Economics ), págs. 9-31
• Idioma: inglés
• DOI: 10.7866/hpe-rpe.17.2.1
• Enlaces
  • Texto completo (pdf)
• Resumen

  • Major Hollywood films studios and their affiliated local distributors have a dominant market share in the main international movie markets, but their competitive behavior has come under suspicion. In 2006, the Spanish Competition Court fined these Majors for anticompetitive practices. Our aim is to evaluate the presence (or absence) of collusive behavior among Majors during the 2002-2009 period.

    Because the release date is a critical variable of competition, we test whether Majors are coordinating their release schedules. Our results suggest that Majors achieve a larger degree of coordination in their release schedules than other distributors.

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