A study conducted in Israel found that while competition is healthy in the advertising sector, there is an anticompetitive climate concerning the businesses that secure the airtime for those advertisements. According to a report, there is a significant threat to television broadcasters brought by the concentrated market power held by just a few media-buying agencies. The report found that “dozens” of agencies hold 40 percent aggregate market share, while dozens others held no more than 1 percent. According to a review of the report, those ad agencies band together to collectively buy media airtime. The report is also considered the cause for Antitrust Commissioner David Gilo’s recent decision against TMF and Zenith Israel from jointly buying airtime.
Full Content: Haaretz
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI