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| Author: | Brueckner, J. K. Pels, E. |
| Title: | European airline mergers, alliance consolidation, and consumer welfare |
| Journal: | Journal of Air Transport Management
2005 : JAN, VOL. 11:1, p. 27-41 |
| Index terms: | Mergers Airlines Consumer protection |
| Language: | eng |
| Abstract: | The results of the analyses show that, although the airlines benefit through higher profits, the merger and alliance consolidation harm consumers while reducing overall social surplus. the reason for this negative outcome is that, as modeled, all the effects of the merger and alliance consolidation is anticompetitive. |
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