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The current level of competition in European commercial passenger rail markets is low and empirical data on customer … preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial … regressions. Our analysis indicates that customers experiencing competition (Cologne-Brussels) show a higher preference for …
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the question whether these circumstances will ultimately lead to distortion of competition. …
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Increasing competition and reducing market power are core interests of economists, regulators and the public to … maximise aggregate social welfare. Low prices are achieved through intense competition in the retail gasoline market. The … absence of fierce competition is referred to as market power. Market power is defined as a firm's ability to influence the …
Persistent link: https://www.econbiz.de/10015433105
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …
Persistent link: https://www.econbiz.de/10011316405
We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a unique route-level price data set to study both competitive interaction in general and the...
Persistent link: https://www.econbiz.de/10011316417
monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … 24 years old and the presence of intermodal competition by intercity railway services. …
Persistent link: https://www.econbiz.de/10011739013
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry …
Persistent link: https://www.econbiz.de/10013015075