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With Pioneer Foods admitting to its involvement in milled wheat and milled white maize cartels as well as engaging in general exclusionary conduct, there was little suspense over the existence of most egregious offenses in competition law and the subsequent harm to consumers and competition. For...
Persistent link: https://www.econbiz.de/10010825378
This paper analyses the South African flour cartel, active from 1999 to 2007 and provides an overcharge estimation by using comparator based methods. The empirical analysis is complemented by a descriptive overview of the history and structure of the South African flour industry. The flour...
Persistent link: https://www.econbiz.de/10011155032
Abstract This paper is aimed at evaluating the net gains and trade-offs at stake in implementing the competition of the rail mode in the long distance passenger market either by means of franchise or by an open access mechanism. We simulate the outcomes of competition in and for the market using...
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Abstract Considering the US railroad industry, which is characterized by seven integrated firms that provide freight services on tracks they own and maintain, this paper provides a structural model that allows to evaluate the potential effects of opening the rail network to new firms on prices...
Persistent link: https://www.econbiz.de/10014618912
Abstract We study the welfare impact of revenue management, a practice which is widely spread in the transport industry, but whose impact on consumer surplus remains unclear. We develop a theoretical model of revenue management allowing for heterogeneity in product characteristics, capacity...
Persistent link: https://www.econbiz.de/10014618944