Regulation, Liberalisation and Competition in the Air
|Author:||Mgr. Miroslav Závoda|
|Year:||2006 - winter|
|Leaders:|| † prof. Ing. Milan Sojka CSc.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:||M.A. with distinction from the Dean of the Faculty of Social Sciences for an excellent state-final examination performance|
|Abstract:||This thesis deals with the European market of scheduled air passenger transport. In the introductory section there are depicted the specifics of the industry and the economy of air transport is described in a broader context of the network
industries. Presented analysis of the regulatory framework gives an overview of the tools restricting the competition in the industry. The European liberalization process is described and the sources of possible market failure and the
issues of market stability arising on the deregulated market are discussed. The thesis points out the possible abuse of anticompetitive behavior that can be used by former national flag carriers who are still dominating the European
market to drive out the competitors. The problems of detection of the anticompetitive behavior under the European competition law are shown and as a possible solution the implementation of specific provisions regarding the anticompetitive behavior and the abuse of dominant position in air transport is suggested.
|Downloadable:|| Miroslav Závoda