Under which market structure would you classify the airline, Ask an Expert

Economics

Under which market structure would you classify the airline industry? Given this structure, why is it that there is little price competition between carriers on the same route? Why is there not more price competition? If they do not choose to compete on price in most cases, how do they compete with one another? What strategies do they employ ?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91672115

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