airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger. When …

flight frequency. Hence, in a merger analysis, we can not only predict changes in flight frequency, but also the relative … consequences of those changes on consumer welfare. In this paper, merger simulations suggest that while passenger volume and … consumer surplus decrease on the aggregate, some markets benefit from welfare gains once merger-induced changes in flight …

, specifically with regards to horizontal mergers. Studying mergers that span several markets, we show that a myopic merger policy … may thwart a surplus-increasing merger wave. The analysis does not rely on any tacit or explicit collusive behavior by the …

airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger …

of the most important mergers in the U.S. airline industry, namely the 2013 American Airlines – US Airways merger …The objective of this study is to provide evidence on the accuracy of merger simulation methods, which have become … predict the effects of the merger under scrutiny. Lastly, the forecast is evaluated ex post using data from the period …

This study examines the economic consequences of a horizontal merger between Japanese airlines that took place in 2002 …, with particular emphasis on quality responses to the airline merger. A structural model allows firms to determine not only … prices but also flight frequencies. The obtained estimates would reject the hypothesis that the merger facilitated …

condition of the American/US Airways merger. Departing from the existing literature, my model accounts for how the number of …) compared to approving the merger without divestiture, but that it re-allocated surplus between consumers in different markets …

This article assesses the unilateral effects on prices of a merger in the Portuguese mobile telephony market. We use … marginal costs of subscription of mobile telephony. Given these estimates, we simulate the effects of the merger. We find that … the available mobile telephony subscription products are close substitutes. The merger may cause substantial price …

The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial … competitive incentives helps explain domestic airline merger activity. A Cournot model of airline competition illustrates that …