Supply side substitutability and potential market power of airports: Case of Amsterdam Schiphol
This study evaluates the issue of market power of Amsterdam airport Schiphol, focusing on the substitutability between this airport and nearby gateways. We focus separately on substitutability with respect to origin-and-destination passengers, and transfer passengers. These two types of passengers represent different markets in terms of both geographical boundaries and competing airports. Analysis of Official Airline Guide data, along with the information obtained during the interviews with stakeholders, clearly demonstrate that Schiphol has a potential to exercise its market power on both markets we identified.
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