Entry deterrence due to brand proliferation: Empirical evidence from the German interurban bus industry
In 2016, the largest operator in the German interurban bus industry, Flixbus, acquired its major rival, Postbus. We study the effects of that takeover using route-level data covering more than 6,000 routes. We find that Flixbus, on average, provided a lower frequency of bus rides and slightly decrea...
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Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 31-2017) |
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Main Authors: | , , |
Format: | Article |
Language: | English |
Published: |
Philipps-Universität Marburg
2017
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Subjects: | |
Online Access: | PDF Full Text |
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