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In December 1992, the US Department of Justice filed suit against eight major domestic airlines and the Airline Tariff Publishing Company in order to reduce opportunities for collusion in the industry. The lawsuit ended with consent decrees limiting the ability of airlines to communicate...
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these challenges. They provide comprehensive developmental coverage of the theory that underpins and justifies competition …, 23 (3-4), April, 203-25 -- Kenneth G. Elzinga and David E. Mills (2001), 'Predatory Pricing and Strategic Theory …
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We analyze tacit collusion in an industry characterized by cyclical demand and long-run scale decisions; firms face deterministic demand cycles and choose capacity levels prior to competing in prices. Our focus is on the nature of prices. We find that two types of price wars may exist. In one,...
Persistent link: https://www.econbiz.de/10003727993
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We analyze tacit collusion in an industry characterized by cyclical demand and long-run scale decisions; firms face deterministic demand cycles and choose capacity levels prior to competing in prices. Our focus is on the nature of prices. We find that two types of price wars may exist. In one,...
Persistent link: https://www.econbiz.de/10012760596
We analyze tacit collusion in an industry characterized by cyclical demand and long-run scale decisions; firms face deterministic demand cycles and choose capacity levels prior to competing in prices. Our focus is on the nature of prices. We find that two types of price wars may exist. In one,...
Persistent link: https://www.econbiz.de/10012466026