Asset Details
Do you wish to reserve the book?
Anticompetitive Effects of Common Ownership
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Anticompetitive Effects of Common Ownership
Do you wish to request the book?
Anticompetitive Effects of Common Ownership
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Anticompetitive Effects of Common Ownership
2018
Overview
Many natural competitors are jointly held by a small set of large institutional investors. In the U.S. airline industry, taking common ownership into account implies increases in market concentration that are 10 times larger than what is \"presumed likely to enhance market power\" by antitrust authorities.¹ Within-route changes in common ownership concentration robustly correlate with route-level changes in ticket prices, even when we only use variation in ownership due to the combination of two large asset managers. We conclude that a hidden social cost—reduced product market competition—accompanies the private benefits of diversification and good governance.
Publisher
Wiley Periodicals, Inc,Blackwell Publishers Inc
We currently cannot retrieve any items related to this title. Kindly check back at a later time.