Copyright Royalty Regulation and Competition in the Music Retail Market

Copyright Royalty Regulation and Competition in the Music Retail Market

Price control can restore efficiency in some cases, but an uncarefully designed policy fails to restore efficiency, yields side effects, or even exacerbates efficiency losses. This paper shows that the copyright royalty rule, which takes the greater of ad valorem royalties and perunit royalties, ten...

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Bibliographic Details
Main Author: Yang, Yong Hyeon
Format: Article
Language:English
Published: Korea Development Institute 2017-03-01
Series:KDI Journal of Economic Policy
Subjects:
Price Control
Copyright Royalty
Royalty Regulation
Ad valorem Rule
Perunit Rule
Combination Rule
Online Music Service Industry
Online Access:https://doi.org/10.23895/kdijep.2017.39.1.83

Internet

https://doi.org/10.23895/kdijep.2017.39.1.83

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