Measuring market power of rail incumbents
| Authors | |
|---|---|
| Year of publication | 2024 |
| Type | Article in Periodical |
| Magazine / Source | RESEARCH IN TRANSPORTATION ECONOMICS |
| MU Faculty or unit | |
| Citation | |
| Web | https://www.sciencedirect.com/science/article/pii/S0739885923001129?via%3Dihub |
| Doi | http://dx.doi.org/10.1016/j.retrec.2023.101372 |
| Keywords | competition in the market; open-access; assessment of market power; dominant position; liberalization |
| Description | The aim of this article is to assess the market power of the state-owned incumbents within the open-access lines in Europe and compare it among themselves. This article investigates three open-access lines in Europe: Prague-Ostrava line (in the Czech Republic), Vienna-Salzburg line (in Austria) and Bratislava-Košice (in Slovakia). The market power assessment of each of the state-owned incumbents on these lines is based on their market shares, average revenues per passenger-kilometre, whether there is a vertical separation of the infrastructure owner and railway service provider and the role of state intervention. Our results show that the state-owned incumbent in the Czech Republic on the Prague-Ostrava line has the lowest market power in comparison to other investigated open-access lines. |
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