Measuring market power of rail incumbents
Jakub Chini,
Ondřej Špetík and
Martin Kvizda
Research in Transportation Economics, 2024, vol. 103, issue C
Abstract:
The aim of this article is to assess the market power of the state-owned incumbents within the open-access lines in Europe and compare it among themselves. This article investigates three open-access lines in Europe: Prague-Ostrava line (in the Czech Republic), Vienna-Salzburg line (in Austria) and Bratislava-Košice (in Slovakia). The market power assessment of each of the state-owned incumbents on these lines is based on their market shares, average revenues per passenger-kilometre, whether there is a vertical separation of the infrastructure owner and railway service provider and the role of state intervention. Our results show that the state-owned incumbent in the Czech Republic on the Prague-Ostrava line has the lowest market power in comparison to other investigated open-access lines.
Keywords: Competition in the market; Open-access; Assessment of market power; Dominant position; Liberalization (search for similar items in EconPapers)
JEL-codes: K21 L44 L92 R49 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:103:y:2024:i:c:s0739885923001129
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DOI: 10.1016/j.retrec.2023.101372
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