Competition Versus Predation in Aviation Markets
Subtitle: A Survey of Experience in North America, Europe And Australia (Ashgate Studies in Aviation Economics and Management)
Contributors: Peter Forsyth (Editor); David W. Gillen (Editor); Otto G. Mayer (Editor); Hans-Martin Niemeier (Editor)
Publisher: Ashgate Publishing
Published: June 30, 2005
Language: eng
Format: Hardcover
Number of pages: 346
ISBN-13: 9780754641957
Subjects: Aerospace & air transport industries; Aerospace & aviation technology; Europe; Airlines; Transportation; North America; Aviation - General; Australia; Predatory pricing
First sentence: The liberalization of formerly regulated markets often leads to 'asymmetric' market structures characterized by one or a few large incumbent firms retaining considerable market power and several smaller new entrants.