Labour Mobility of Minorities Versus Majorities–Theory and Application

Most American newspapers are published in cities in which no other daily newspaper is published. While these newspapers are considered city monopolists, this study examines the effect of readership competition across cities. By using a sample of 386 newspaper firms that publish in cities in which no other daily newspaper is published, this paper demonstrates that these ‘monopoly’ newspapers face significant readership competition from newspapers published in other cities.