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This study aims to analyze the impact of the dominance of essential facilities on market power, and thus on the generation of competitive advantage for the firms holding them. By using a conduct parameter framework, I model the behavior of oligopolistic firms under conditions of product...
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congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …
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infrastructure licensing and the "natural monopoly" characteristics of some airport services, governments developed regulatory … policies for airport systems. The operation of an airport creates incentives to transfer the airport's market power to the air … transport market. If the airport market is regulated but the airport operator is allowed to control at least one airline, those …
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