The effects of China's airline mergers on prices
Yahua Zhang and
David K. Round
Journal of Air Transport Management, 2009, vol. 15, issue 6, 315-323
Abstract:
This paper looks at the effects of some of the recent airline mergers in China. Overall, no significant airfare increases are found in a sample of markets served by the merged China Eastern and China Southern after 2002; indeed in most of the markets directly affected airfares declined. This was despite the absence of antitrust laws and enforcement over the period. However, market power was possibly exercised after the mergers in China Eastern's hub-to-hub networks.
Keywords: Airline mergers; Market power; China (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:15:y:2009:i:6:p:315-323
DOI: 10.1016/j.jairtraman.2009.04.005
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