IDEAS home Printed from https://ideas.repec.org/p/doj/eagpap/200902.html
   My bibliography  Save this paper

Railway Mergers and Railway Alliances: Competition Issues and Lessons for Other Network Industries

Author

Listed:
  • Russell Pittman

    () (Antitrust Division, U.S. Department of Justice, and New Economic School, Moscow)

Abstract

Freight railway enterprises in both Europe and North America are in the process of significant restructuring, with EC policy changes dictating new ownership, organization, and cooperation arrangements in Europe and a series of major mergers having already led to highly concentrated regional markets in the U.S. and Canada. Mergers, alliances, and organizational changes may raise important and complex issues regarding the level of competition facing goods shippers, with differing implications depending on the differing institutional contexts. This paper examines the competitive consequences of these developments in Europe and North America and suggests some lessons for other network industries.

Suggested Citation

  • Russell Pittman, 2009. "Railway Mergers and Railway Alliances: Competition Issues and Lessons for Other Network Industries," EAG Discussions Papers 200902, Department of Justice, Antitrust Division.
  • Handle: RePEc:doj:eagpap:200902
    as

    Download full text from publisher

    File URL: https://www.justice.gov/atr/public/eag/246372.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Stephen Glaister, 2006. "Britain: Competition Undermined by Politics," Chapters,in: Competition in the Railway Industry, chapter 3 Edward Elgar Publishing.
    2. Ivaldi Marc & Mccullough Gerard, 2008. "Subadditivity Tests for Network Separation with an Application to U.S. Railroads," Review of Network Economics, De Gruyter, vol. 7(1), pages 1-13, March.
    3. Chris Nash, 2005. "Rail Infrastructure Charges in Europe," Journal of Transport Economics and Policy, University of Bath, vol. 39(3), pages 259-278, September.
    4. Dominique Bouf, 2002. "Open Access, Vertical Separation and Infrastructure Charging Systems: Railroad and Railways," Post-Print halshs-00069612, HAL.
    5. Pittman Russell, 2005. "Structural Separation to Create Competition? The Case of Freight Railways," Review of Network Economics, De Gruyter, vol. 4(3), pages 1-16, September.
    6. Wetzel, Heike & Growitsch, Christian, 2006. "Economies of Scope in European Railways: An Efficiency Analysis," IWH Discussion Papers 5/2006, Halle Institute for Economic Research (IWH).
    7. Alden F. Abbott & Suzanne Michel & Armando Irizarry, 2006. "The Right Balance of Competition Policy and Intellectual Property Law: A Federal Trade Commission Perspective," Chapters,in: Handbook of Research in Trans-Atlantic Antitrust, chapter 12 Edward Elgar Publishing.
    8. Burton, Mark L, 1993. "Railroad Deregulation, Carrier Behavior, and Shipper Response: A Disaggregated Analysis," Journal of Regulatory Economics, Springer, vol. 5(4), pages 417-434, December.
    9. Pittman, Russell W, 1990. "Railroads and Competition: The Santa Fe/Southern Pacific Merger Proposal," Journal of Industrial Economics, Wiley Blackwell, vol. 39(1), pages 25-46, September.
    10. Ivaldi, M & McCullough, G J, 2001. "Density and Integration Effects on Class I U.S. Freight Railroads," Journal of Regulatory Economics, Springer, vol. 19(2), pages 161-182, March.
    11. Schmidt, Stephen, 2001. "Market structure and market outcomes in deregulated rail freight markets," International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 99-131, January.
    12. Karikari, John Agyei & Brown, Stephen M & Nadji, Mehrzad, 2002. "The Union Pacific/Southern Pacific Railroads Merger: Effect of Trackage Rights on Rates," Journal of Regulatory Economics, Springer, vol. 22(3), pages 271-285, November.
    13. repec:bpj:rneart:v:4:y:2005:i:3:p:220-242 is not listed on IDEAS
    14. Oecd, 2006. "Structural Reform in the Rail Industry," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 8(2), pages 67-175.
    15. Wilson, Wesley W, 1997. "Cost Savings and Productivity in the Railroad Industry," Journal of Regulatory Economics, Springer, vol. 11(1), pages 21-40, January.
    16. Benitez Daniel & Estache Antonio, 2005. "How Concentrated are Global Infrastructure Markets?," Review of Network Economics, De Gruyter, vol. 4(3), pages 1-23, September.
    17. Bitzan, John D & Keeler, Theodore E, 2007. "Economies of Density and Regulatory Change in the U.S. Railroad Freight Industry," Journal of Law and Economics, University of Chicago Press, vol. 50(1), pages 157-179, February.
    18. Breen Denis A., 2004. "The Union Pacific/Southern Pacific Rail Merger: A Retrospective on Merger Benefits," Review of Network Economics, De Gruyter, vol. 3(3), pages 1-40, September.
    19. Wilson, Wesley W. & Bitzan, John, 2003. "Industry Costs and Consolidation: Efficiency Gains and Mergers in the Railroad Industry," MPC Report 231700, North Dakota State University, Upper Great Plains Transportation Institute.
    20. Pittman, Russell, 2007. "Options for Restructuring the State-Owned Monopoly Railway," Research in Transportation Economics, Elsevier, vol. 20(1), pages 179-198, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Russell Pittman, 2009. "Competition Issues in Restructuring Ports and Railways, Including Brief Consideration of these Sectors in India," EAG Discussions Papers 200906, Department of Justice, Antitrust Division.

    More about this item

    Keywords

    railway; competition; mergers; alliances;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:doj:eagpap:200902. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tung Vu). General contact details of provider: http://edirc.repec.org/data/atrgvus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.