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|Title:||Competition, vertical relationship and countervailing power in the UK airport industry|
|Authors:||BOTTASSO ANNA; BRUNO MARTINA; CONTI MAURIZIO; PIGA CLAUDIO|
|Citation:||JOURNAL OF REGULATORY ECONOMICS vol. 52 no. 1 p. 37-62|
|Type:||Articles in periodicals and books|
|Abstract:||In this paper, we study whether competition in the airport market and the vertical interactions between upstream airports and downstream airlines influence the airport pricing decisions. Using a panel of the 24 largest UK airports, as well as a refined definition of airports’ market structure, we find that lower concentration in an airport’s catchment area and higher airlines countervailing power are associated to lower aeronautical charges.|
|JRC Directorate:||Joint Research Centre Corporate Activities|
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