Competition Policy and Transport
London, England
28 October 2009
Hosted By: NERA Economic Consulting
Competition policy and merger control have been applied widely in the transport sector, at the European Commission, at US competition agencies, and in EU Member States.
From landmark cases such as the BAA Airports market investigation, the American Airlines predation case, the P&O/Stena (Dover-Calais) merger, and Ryanair/Aer Lingus, to a long history of local bus cases and UK competition reviews of rail franchises, transport markets raise a wide range of complex and sometimes non-standard issues in competition economics.
In this NERA seminar, Dr. Mark Williams, Director of European Competition Policy in London and Brussels, provided an overview of some of the particular economics of transport markets, and how these affect competition policy outcomes.
The seminar traversed competition issues across a wide range of transport markets, including airlines, buses, ferries, rail, and shipping. In particular, it touched on issues including unilateral effects in mergers, predation, network effects and foreclosure, and the competition policy considerations raised by access to transport infrastructure such as airports, ports, GDSs, and tracks.
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