Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

A Member of the Law Professor Blogs Network

Monday, November 12, 2007

How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry

Posted by D. Daniel Sokol

Severin Borenstein (Berkeley Haas School of Business) and Nancy L. Rose (MIT Economics Department) write on How Airline Markets Work...Or Do They? Regulatory Reform in the  Airline Industry.

ABSTRACT: Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major public policy issues facing the industry: (a) the sustainability of competition and volatility of airline profits, (b) possible market power of dominant airlines, and (c) congestion and investment shortfall in the airport and air traffic infrastructure.

http://lawprofessors.typepad.com/antitrustprof_blog/2007/11/how-airline-mar.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e54f810def8833

Listed below are links to weblogs that reference How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry:

Comments

Post a comment