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022 _a00222186
040 _aMSU
_bEnglish
_cMSU
_erda
050 _aHB73 JOU
100 1 _aMiller, Amalia R.
_eauthor
245 1 0 _aDid the airline tariff publishing case reduce collusion?
_cby Amalia R. Miller
264 _aChicago:
_bUniversity of Chicago Press;
_c2010.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of law and economics
_vVolume 53, number 3
520 _aIn December 1992, the U.S. Department of Justice filed suit against eight major domestic airlines and the Airline Tariff Publishing (ATP) Company in order to reduce opportunities for collusion in the industry. The lawsuit ended with consent decrees limiting the ability of airlines to communicate surreptitiously through the shared fare database. This paper measures the effects of the litigation and its settlement on industry performance, comparing changes in outcomes between market segments that were more and less likely to be affected by the ATP case. Prices fell in response to the investigation but increased following the settlement, while the number of tickets sold in affected markets declined. The importance of multimarket contact also declined and then recovered. The ATP case had at best a temporary effect on airline collusion
650 _aAir transportation industry
_vAir travel Airlines
_xAir travel Airlines
_zUnited States
650 _aMarket prices
_vProduct markets
_xTariffs
_zUnited States
856 _uhttps://doi.org/10.1086/605294
942 _2lcc
_cJA
999 _c164092
_d164092