The New Competition in Broadcasting: Trick or Treat? |
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Authors: | Simon Deakin & Stephen Pratten |
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Institution: | ESRC Centre for Business Research, University of Cambridge,;The Management Centre, King's College, London. |
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Abstract: | The broadcasting reforms of the 1990s attempted to combine increased competition with the preservation of the public service ideal. The reforms were called into question when it became clear that the production quality was being undermined by poor information flows and excessive transaction costs. For competition in broadcasting to flourish, closer attention needs to be paid tothe institutional preconditions of effective contracting. |
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