Deregulation, Competition, and Consolidation: The Case of the German Interurban Bus Industry

Niklas S. Dürr, Sven Heim and Kai Hüschelrath
Authors registered in the RePEc Author Service: Niklas Stephan Duerr

Journal of Transport Economics and Policy, 2016, vol. 50, issue 2, 164--188

Abstract: We make use of a unique route-level price data set of the recently deregulated German interurban bus industry to study both competitive interaction in general, and the potential price effects of a merger between the two largest players in particular. We find that route-level average prices, inter alia, depend not only on the number of competitors, but especially on the composition of firms operating on a particular route. Although our empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the merger should be classified as anticompetitive.

Date: 2016
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Citations: View citations in EconPapers (2)

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Working Paper: Deregulation, competition, and consolidation: The case of the German interurban bus industry (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:2016:50:2:164--188

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