This paper examines US airline mergers between 1993 and 2018 and studies their impact on the labor market. Our … findings are consistent with the impact of merger-induced monopsony power discussed in recent literature and offer important …

The recent merger between US Airways and American Airlines was approved by federal and state antitrust authorities … anticompetitive effects from this merger. The economics literature offers many reasons why such stock-market event studies should not … unrelated to competitive harms, such as when a merger changes expectations that one or more rivals will be “in play” (i.e., a …

. We conduct a comprehensive investigation of the effect on fares and output of these legacy airline mergers to determine …

Using data on four large mergers in the U.S. airline industry, we find consistent and significant effects of mergers on … focus of antitrust analysis, we demonstrate that they can experience considerable merger-induced changes in the probability … firm’s likelihood of entry, and the merger’s elimination of a potential entrant. Ours is the first study to decompose entry …

I assess the effect of recent U.S. airline mergers on productive efficiency and market power. I recover productivity …, markup, and marginal cost estimates for each airline using production and cost data. I then employ these estimates, a panel … marginal costs. Some mergers, such as the American-US Airways merger, have substantially increased the markups charged. The …

Theoretical research has investigated the relevance of entry-inducing effects as countervailing factor to a merger …-related increase in market power. We use route-level data for the America West Airlines – US Airways merger (2005) to investigate …

This paper uses merger simulations to predict post-merger prices for six major airline mergers from the 1980's, and … compares these predictions with actual post-merger prices. Simulations which incorporate varying degrees of post-merger … of the post-merger price change, but should not be expected to account for all of it. Changes in marginal cost or firm …

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

We examine how mergers affect quality provision by analyzing five U.S. airline mergers, focusing on on-time performance … (OTP). We find that airline mergers have minimal negative impacts on OTP, and likely result in long-run improvements due to … efficiencies. Importantly, we show that this finding is not driven by post-merger changes in price that could affect on …

We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger. When …