Measuring market power of rail incumbents

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CHINI Jakub ŠPETÍK Ondřej KVIZDA Martin

Rok publikování 2024
Druh Článek v odborném periodiku
Časopis / Zdroj RESEARCH IN TRANSPORTATION ECONOMICS
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www https://www.sciencedirect.com/science/article/pii/S0739885923001129?via%3Dihub
Doi http://dx.doi.org/10.1016/j.retrec.2023.101372
Klíčová slova competition in the market; open-access; assessment of market power; dominant position; liberalization
Popis 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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