Competition and market power in the Euro
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Purvez F. Captain; Robin C. Sickles
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Article
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1997
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John Wiley and Sons
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English
β 173 KB
π 1 views
In this paper, we study the market power of European airlines in an oligopoly structure with product differentiation for the period 1976-1990 and test the monopoly hypothesis (Captain, 1993). The paper analyzes the level of competition among eight major European airlines and finds little evidence fo