Competition Policy in International Airline Markets: An Agenda and a Proposed Solution

The argument presented in this paper is that it is essential to progress to an integrated international policy position on promoting competition in transportation markets. Piecemeal, uncoordinated developments competition policy will not lead to a global optimum and will result in conflicting outcomes and static dynamic inefficiencies, as was observed as recently as 2005 in the attempt by Quantas and Air New Zealand to from a tight commercial alliance covering all flights into, out of, and within Australia and New Zealand. The paper briefly considers next the role off the airline industry in the global economy, and then turns to a brief consideration of recent dynamic developments in the sector, especially with respect to mergers and acquisitions.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Bibliography;
  • Pagination: pp 397-424
  • Monograph Title: Benefiting from Globalisation. Transport Sector Contribution and Policy Challenges

Subject/Index Terms

Filing Info

  • Accession Number: 01140805
  • Record Type: Publication
  • ISBN: 9789282101681
  • Files: TRIS
  • Created Date: Sep 28 2009 11:41AM