Integration and Competition between Transport and Logistics Businesses
AbstractThe Round Table, chaired by Russell Pittman of the US Department of Justice, reviewed trends in horizontal and vertical integration in logistics businesses, maritime shipping, ports and rail freight transport and examined the circumstances in which integration might reduce the efficiency of the transport system. There are likely to be net benefits to society from such integration in competitive markets but if integration eliminates competition, market power might result in excessive prices, suboptimal investment and lower than optimal levels of service for the users of transport services. Options for sector specific regulators and competition authorities to manage the risks of market abuse were discussed and the adequacy of antitrust law and competition authorities to take remedial action should businesses exploit market power were assessed.
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Bibliographic InfoPaper provided by OECD Publishing in its series OECD/ITF Joint Transport Research Centre Discussion Papers with number 2009/8.
Date of creation: Jun 2009
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-06-10 (All new papers)
- NEP-COM-2009-06-10 (Industrial Competition)
- NEP-CSE-2009-06-10 (Economics of Strategic Management)
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