ECON 351x Lecture Notes - Lecture 3: Cord-Cutting, Customer Satisfaction, Us Airways
Document Summary
Presentation # 10: april 19th (group of 6) Discuss a merger or attempt of merger that raised antitrust issues: find one or two articles discussing a big merger or attempt of a merger. Provide some data on the market, to help us understand the market better: provide insights on potential consequences to consumers. University of michigan"s customer satisfaction index 230 companies surveyed, score out of 100. Rising costs, average cable bill , has doubled over the last decade. It is already so bad and people currently can"t choose. Aka cable is already a local monopoly in many areas, so by the combining. Comcast and time warner, whose markets are largely separate wouldn"t eliminate a competitor, most consumers wouldn"t be affected. Would give comcast/time warner more buyer power when it comes to arranging deals with networks for channels, which could ultimately lead to a better deal for consumers.
