Competition is a dynamic process in which firms vie for advantage; regulation is typically a set of static rules. On the face of it, there is a potentially serious conflict between the two. This paper reviews the EU's regulations dealing with administrative slot allocation, drawing in particular...

This study considers the network development of the three largest European Low Cost Carriers (LCCs) easyJet, Ryanair and Wizz Air during the pre-pandemic period and the pandemic period. Network developments are characterized in terms of the route numbers, city-pair numbers, frequencies, market...

Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...

This paper considers European airline markets to establish a causal effect of competition on pricing dynamics. It shows that intertemporal price dispersion is strongly reduced by competition because flights booked close to departure time are on average priced substantially lower when competition...