AIRLINE MERGERS AND MULTIMARKET CONTACT
AIRLINE MERGERS AND MULTIMARKET CONTACT
复制标题
航空公司合并和多市场联系
DOI：
10.1002/(sici)1099-1468(199611)17:6
复制
发表时间：
1996
影响因子：
2.2
通讯作者：
Vijay Singal
中科院分区：
文献类型：
--
作者：
Vijay Singal
本文考察了1985- 1988年期间航空公司围绕合并的定价行为的变化。我们发现，集中度的变化，在一个市场内的接触措施，并在多市场接触的变化，与相同的公司在该市场外的接触措施，显着影响机票。此外，单是多市场接触的增加就足以使票价上涨。反托拉斯政策不仅要考虑集中度的变化，而且要考虑多市场接触的变化，以便更全面地评估合并对消费者的影响。
This paper examines changes in the pricing behavior of airline firms around mergers that occurred during 1985-8. We find that the changes in concentration, a measure of contact within a market, and changes in multimarket contact, a measure of contact with the same firms outside of that market, significantly affect airfares. Further, increases in multimarket contact alone are sufficient to effect an increase in fares. Antitrust policy must consider changes not only in concentration but also in multimarket contact to evaluate more fully the effect of consolidations on consumers.