Regulation of media bias on online newspapers
Résumé
This paper examines the impact of government regulation in the media market. In a duopolistic market structure, the intervention of a state-owned media firm without bias will reduce the price of the print version of a newspaper, but will increase its digital subscription fee. Moreover, the government regulation will not necessarily reduce the media slanting. The User-Generated Content of a digital version of a newspaper, along with the media bias from both supply-side and the demand-side, make the government regulation much less effective.