Pro-competition rules in airport privatization: International experience and the Brazilian case
Pereira Neto, Caio Mário da Silva,
Paulo Leonardo Casagrande,
Filippo Maria Lancieri and
Joaquim Nogueira Porto Moraes
Journal of Air Transport Management, 2016, vol. 54, issue C, 9-16
Abstract:
This article aims to demonstrate the importance of establishing pro-competition rules in the concession of multiple airports to private companies by describing the recent Brazilian experience. More specifically, it addresses: (i) how the economic literature deals with potential competition among different airports, and how this competition was dealt with in the concession programs of Australia, Mexico and the United Kingdom; and (ii) Brazil's recent experience with airport concessions, where international benchmarking led to cross-ownership restrictions. As a conclusion, this paper defends that governments should design regulatory restrictions that account for the existence of competition among airports. Nevertheless, these restrictions must be carefully planned and designed to achieve their goals.
Keywords: Airport privatization; Cross-ownership restrictions; Airport competition; Auction rules (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:54:y:2016:i:c:p:9-16
DOI: 10.1016/j.jairtraman.2016.03.011
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