In this issue:
Antitrust & Transportation
Railroad Antitrust Reform – A Train to Nowhere?
Will the removal of the few antitrust exemptions currently granted to the rail industry be likely to result in the type of antitrust relief required to curtail what the shippers view as an abuse of market power?
Competition Come Full Circle? Pending Legislation to Repeal the U.S. Railroad Exemptions
The single oldest and probably most convoluted story in American antitrust is its relationship with the railroads.
Carve-Outs Under Airline Antitrust Immunity: In the Public Interest?
The effects of alliances and ATI on airfares have been extensively investigated in the economics literature…but despite the centrality of carve-outs in the latest ATI decisions, the economics literature on alliances offers no treatment whatsoever of this topic.
Why Airline Antitrust Immunity Benefits Consumers
Revoking the antitrust immunity for airline alliances could be expected to have adverse and far reaching implications for the quality, convenience, and price of international air services.
