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DIME » Taxonomy » Term » monopsony

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monopsony

Monometapoly: the economic impact of the recording industry on the music market

Submitted by Birgitte Andersen on 9 May, 2008 - 12:31.

Number: 
56
Author(s): 
Thierry Rayna, Imperial College London
Ludmila Striukova, University College London
With four major companies sharing more than 85% of the market share, the recording industry is one of the most concentrated industries. While this market concentration has been traditionally linked with high barriers to entry, recent technological changes have made these barriers almost disappear.  read more »
  • WP14
  • Intellectual property rights
  • monometapoly
  • monopoly
  • monopsony
  • music industry
  • 1 attachment
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