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005 | 20240305075418.0 | ||
008 | 240305b |||||||| |||| 00| 0 eng d | ||
022 | _a00222186 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | _aHB73 JOU | ||
100 | 1 |
_aMiller, Amalia R. _eauthor |
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245 | 1 | 0 |
_aDid the airline tariff publishing case reduce collusion? _cby Amalia R. Miller |
264 |
_aChicago: _bUniversity of Chicago Press; _c2010. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aJournal of law and economics _vVolume 53, number 3 |
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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 |
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650 |
_aMarket prices _vProduct markets _xTariffs _zUnited States |
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856 | _uhttps://doi.org/10.1086/605294 | ||
942 |
_2lcc _cJA |
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999 |
_c164092 _d164092 |