Slots at Congested Airports: The Limitations of Competition Law - Paper Presented at Regulatory Policy Institute Conference: Competition Policy in Regulated Sectors, Wadham College, Oxford

This paper looks at the problems caused by congestion and the illiquidity in slots at major European airports and explores what role competition law has in promoting the most efficient allocation of this scarce resource (slots) and whether competition law can deal with any anti-competitive behaviour that might arise out of the use of market mechanisms, however configured, for slot allocation and trading. In short, the paper asks whether current competition law tools are adequate in this respect or does a market-orientated approach to slots require some kind of ex-ante framework to ensure that competition is, in fact, facilitated and encouraged rather than distorted.

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