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Exploring sustainability in European civil aviation: mergers and acquisitions as anticompetitive strategies - evidence from Lufthansa group´s takeover of certain air Berlin assets in 2017
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This part of the work assesses the effects of M&A in European civil aviation, focusing on the
Lufthansa-Air Berlin merger. There are significant concerns regarding competition from aca demia, competitors, and regulators. Analysing data from domestic routes, we calculate the Her findahl-Hirschman Index and study further competition, welfare, and efficiency measures. The
findings reveal increased market power for Lufthansa Group, supporting prior research. Sur prisingly, there is no evidence for a loss in consumer welfare. This study provides a compre hensive and long-term perspective. For the future, it is recommended to carefully (re)assess the
European Commission's merger control methodologies and to approach TAP Air Portugal's re privatisation with caution.
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Competition Industrial organisation Aviation M&A Sustainability