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This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …
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This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …
Persistent link: https://www.econbiz.de/10013154266
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The formation of airline parallel alliances is harmful because it concentrates the market, however, under certain … circumstances may be beneficial. In particular, vertical airport-airline agreements allow the airport to influence the downstream … vertical airport-airline pairs competition. We show that under the influence of airports, parallel alliances are welfare …
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