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We use a difference-in-difference estimator to examine the effects of a merger between three airline companies on two types of route: (1) on those where two low-cost carriers and (2) on those where a network carrier and one of the low-cost airlines had previously been competing. We report a...
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Cartel detection is one of the most basic and most complicated tasks of competition authorities. In recent years, however, variance filters have provided a fairly simple tool for rejecting the existence of price-fixing, with the added advantage that the methodology requires only a low volume of...
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