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-competitive pricing. This paper uses data on airline ticket prices to test whether common owners induce anti-competitive pricing behavior …
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We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between … larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …
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stage. We estimate the model using data from the US airline industry and find that not accounting for endogenous entry leads … to biased estimation of demand elasticities. We simulate a merger between American and US Airways and find that product … repositioning and post-merger outcomes depend on how we model the characteristics of the merged firm as a function of the pre-merger …
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model using data from the domestic US airline market and find significant spillovers in entry. In a counterfactual exercise …, we evaluate the 2013 merger between Amer- ican Airlines and US Airways. Our results highlight that spillovers in entry … and post-merger network readjustments play an important role in shaping post-merger outcomes. …
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