Article (Journal/Review)
Pro-competition rules in airport privatization: international experience and the Brazilian case
Fecha
2016-07Registro en:
0969-6997
10.1016/j.jairtraman.2016.03.011
000377733600002
Autor
Pereira Neto, Caio Mário da Silva
Casagrande, Paulo Leonardo
Lancieri, Filippo Maria
Moraes, Joaquim Nogueira Porto
Institución
Resumen
This article aims to demonstrate the importance of establishing pro-competition rules in the concession of multiple airports to private companies by describing the recent Brazilian experience. More specifically, it addresses: (i) how the economic literature deals with potential competition among different airports, and how this competition was dealt with in the concession programs of Australia, Mexico and the United Kingdom; and (ii) Brazil's recent experience with airport concessions, where international benchmarking led to cross-ownership restrictions. As a conclusion, this paper defends that governments should design regulatory restrictions that account for the existence of competition among airports. Nevertheless, these restrictions must be carefully planned and designed to achieve their goals. (C) 2016 Elsevier Ltd. All rights reserved.