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Persistent link: https://www.econbiz.de/10001107981
A supramonopoly is the market structure of a homogeneous good that is priced higher than the monopoly level. We present evidence of supramonopoly in the US air passenger service. For four airline mergers during the period of 1993 to 2009, we identify routes that dropped fares for no other reason...
Persistent link: https://www.econbiz.de/10008773663