Group
US airlines
Airlines that sell tickets on routes within the United States.
Connections 1
benefited from
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Common ownership of US airlines
According to Anticompetitive Effects of Common Ownership
Scholarship & press
1
The study says “producers”, in a paper about airline tickets. This sentence follows its 10% to 12% result from the BlackRock and Barclays Global Investors merger, not its 3% to 7% panel result.
Proof 1 source
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Anticompetitive Effects of Common Ownership (The Journal of Finance, vol. 73, no. 4, 2018), Wiley, for the American Finance Association, 25 May 2018.
Scholarship & press
Archived copy
These results suggest both a large deadweight loss (i.e., decreased efficiency of the economy) and a large wealth transfer from consumers to producers due to common ownership.
Page history 1 change
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