Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/174975 
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 6852
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
In this paper, we study the effects of a self-regulatory effort, orchestrated by the European Commission, that aims to reduce advertising revenues for publishers of copyright infringing content. Historical data lets us follow how the third-party advertising and tracking services associated with a large number of piracy websites and a corresponding set of legitimate “placebo” websites change after the agreement to self-regulate went in place. We find that larger EU-based advertisers comply with the initiative and reduce their connections with piracy websites. We do not find reductions for other non-advertising services that track consumers, which has potentially important implications for the efficiency of targeted advertising.
Subjects: 
piracy
copyright enforcement
online advertising
natural experiment
JEL: 
K40
L50
L80
Document Type: 
Working Paper
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