In this article, CRA’s Yajing Jiang and her coauthor review the recent economic literature on airline partnerships, explain the intuitions behind canonical economic theoretical models, and summarize the empirical findings of the price and non-price effects of the various forms of partnerships. Given the mixed empirical findings, the article underscores the importance of antitrust practitioners considering facts backed by documents and data when citing numerical estimates from the literature.
CRA strengthens antitrust practice with addition of former DOJ division leader
“We are pleased to welcome Peggy to CRA,” said Paul Maleh, President and Chief Executive Officer of Charles River Associates. “Peggy brings more than two...