Are Horizontal Mergers and Vertical Integration a Problem?
AbstractThis report examines market power in rail markets in Europe arising from horizontal and vertical mergers in the sector, and is intended to provide a high-level basis for discussion at the round table itself. It presents factual information on horizontal and vertical merger cases involving rail freight operators, highlighting the processes used by competition authorities to determine the circumstances in which such mergers should be approved. It also provides commentary on the economics of these markets and, hence, the likely prospects for their future shape. The topic of the report is timely. The first set of results are available from a preparatory study for the European Commission on whether policy objectives with respect to moving freight onto rail can best be achieved by giving freight more priority on the rail network.
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Bibliographic InfoPaper provided by OECD Publishing in its series OECD/ITF Joint Transport Research Centre Discussion Papers with number 2009/4.
Date of creation: Feb 2009
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-28 (All new papers)
- NEP-COM-2009-02-28 (Industrial Competition)
- NEP-EEC-2009-02-28 (European Economics)
- NEP-IND-2009-02-28 (Industrial Organization)
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- Cesi Berardino, 2009. "Mergers under endogenous minimum quality standard: a note," THEMA Working Papers 2009-13, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
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