By on July 25th, 2014. This post currently has no responses.

Stucke and Grunes quoted in NYT: “When Media Mergers Limit More Than Competition”

And this is simply to apply the same standards to a Fox-Time Warner combination that the Justice Department applies to all industries, whether they make cement, household appliances or movies. “When you’re dealing with media, you’ve got to look more carefully at the impact than with other commodities,” said Allen P. Grunes, an antitrust lawyer at the firm GeyerGorey, and an author, with Maurice E. Stucke, of “Antitrust and the Marketplace of Ideas.” “It has an impact on democracy and what the public discourse is.”

To look only at price competition and economic efficiency “makes no sense whatsoever” in the media context, added Mr. Stucke, a law professor at the University of Tennessee. In their article, published in 2001 while both were lawyers with the antitrust division in Washington, they argued that any analysis of competition in media mergers should include the impact on “the marketplace of ideas,” where competition “advances truth.”