In 2010, the European Commission investigated the transatlantic joint venture between BA, AA, and Iberia (the Atlantic Joint Business Agreement) and imposed commitments on six routes reflecting the loss of competition on those routes. In October 2018, in advance of the expiry of the commitments, and with five of the six routes touching the UK, the UK’s CMA opened a further competition investigation. A team of CRA Competition consultants supported airlines in assessing the competitive effects of the joint venture and effectiveness of the commitments.
Economic analysis in competition law: An overview of EU and national case law
Competition authorities and courts are moving away from formalistic legal approaches toward more effects-based assessments, where decisions focus on how...