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Study of common ownership and ticket prices on US airline routes by José Azar, Martin C. Schmalz and Isabel Tecu, published in The Journal of Finance in 2018.

2018

Anticompetitive Effects of Common Ownership. Study of common ownership and ticket prices on US airline routes by José Azar, Martin C. Schmalz and Isabel Tecu, published in The Journal of Finance in 2018.

15 Jan 2019

BlackRock disputes a finding of Anticompetitive Effects of Common Ownership.

The letter calls the study the “AST Paper”. Analysis Group is a consultant BlackRock hired.

According to BlackRock. This is one side’s account, not established fact.

Each side is quoted in its own words. Whether a finding holds is not decided here.

Sep 2022

Common Ownership Does Not Have Anticompetitive Effects in the Airline Industry disputes a finding of Anticompetitive Effects of Common Ownership.

The abstract says “prior research”. Isabel Tecu, a co-author of the 2018 study, names this paper among those answering it.

According to Common Ownership Does Not Have Anticompetitive Effects in the Airline Industry. This is one side’s account, not established fact.

Each side is quoted in its own words. Whether a finding holds is not decided here.

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