Karikari, John Agyei; Brown, Stephen M; Nadji, Mehrzad - In: Journal of Regulatory Economics 22 (2002) 3, pp. 271-85
We investigate the impact of the 1996 Union Pacific (UP)/Southern Pacific (SP) railroads merger on rail rates for potential 2-to-1 shippers. As part of its merger conditions, the Surface Transportation Board (STB) granted trackage rights to BNSF to preserve competition for these shippers. Using...