Congress mulls raft of supply chain bills – but one is missing, say BCOs
Beneficial cargo owners and logistics providers are looking to the US Congress for legislation to ...
Ever so slightly off the freight topic, but this is a fascinating short piece in The Economist on airline competition. It notes that rival airlines with shareholders in common, for example a mutual fund, might be discouraged from normal market measures like a price war to lure customers from one airline to another. The shared ownership is, in essence, anti-competitive. And the study that highlighted this issue, discovered that routes run by airlines with shared ownership had higher prices – 3-5% higher, in fact. As the article rightly points out, this creates something of a headache for the authorities. Should you restrict share ownership? Or ensure a competitive market for consumers?
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