2007/781/EC: Commission Decision of 21 August 2007 declaring a concentration comp... (32007D0781)
INHALT
2007/781/EC: Commission Decision of 21 August 2007 declaring a concentration compatible with the common market and the functioning of the EEA Agreement (Case COMP/M.4523 — Travelport/Worldspan) (notified under document number C(2007) 3938) (Text with EEA relevance )
- COMMISSION DECISION
- of 21 August 2007
- declaring a concentration compatible with the common market and the functioning of the EEA Agreement
- (Case COMP/M.4523 — Travelport/Worldspan)
- (notified under document number C(2007) 3938)
- (Only the English text is authentic)
- (Text with EEA relevance)
- (2007/781/EC)
- I. SUMMARY
- II. EXPLANATORY MEMORANDUM
- II.1. Relevant Product Market and Possible Alternative Market Definitions
- II.2. Relevant Geographic Markets
- II.3. Competitive Assessment of theories of harm
- II.3.1. The theories of harm
- II.3.2. Vertical cross-market effects (multi-homing vs. single-homing)
- Impact of the merger
- II.3.3. Loss of Worldspan as ‘pricing maverick’
- II.3.3.1.
- Worldspan is not charging lower prices
- II.3.3.2.
- Worldspan has lost market share
- II.3.3.3.
- Galileo/Worldspan are not each others' closest competitors
- II.3.3.4.
- There are no incentives for Worldspan to increase its prices post-merger and align them to Galileo's prices
- II.3.4. Very large market shares of the parties on the downstream side of the market
- II.3.4.1.
- Downward trend of Galileo's market share
- II.3.4.2.
- Switching costs
- II.3.5. Coordinated effects
- II.3.5.1.
- Upstream
- Reaching terms of coordination
- Monitoring of deviations
- Deterrent mechanisms
- Reactions of outsiders
- II.3.5.2.
- Downstream
- Reaching terms of coordination
- Monitoring of deviations
- Deterrent mechanisms
- Reactions of outsiders
- III. CONCLUSION
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