Market Power: Airports - Vertical Integration between Airports and Airlines
Author: Tomás Serebrisky Date: 3/1/2003 (PDF, 200KB)
An emerging issue in privatized infrastructure sectors is how regulators should deal with proposed mergers that could potentially increase market power and lead to anticompetitive behavior. This Note looks at the issues in the airport sector, focusing on Argentina - the first developing country to confront a vertical merger in a deregulated air transport market.