November 28, 2010
The European Commission has announced that the Commission and the U.S. Department of Transportation have issued a joint report on the role of alliances for transatlantic air services.
The making the announcement the Commission said:
“The report examines the competitive structures of the airline industries in Europe and the United States and compares the respective legal regimes and analytical frameworks applied by the Commission and DOT. The report concludes that the competitive structures of the airline industries are similar. Despite important differences in legal regimes, the report finds that there is scope for the Commission and DOT to work towards the promotion of compatible regulatory approaches, as specified in Annex 2 to the EU-U.S. Air Transport Agreement, to achieve pro-competitive outcomes for consumers and the airline industry.
The EU-U.S. Air Transport Agreement – provisionally applied as of March 2008 – enhanced competition in the transatlantic market by allowing, for the first time, EU or U.S. airlines to serve any routes between Europe and the United States. It also called for the Commission and DOT to develop a common understanding of trends in the airline industry in order to promote cooperation on competition issues. The joint research project was a first step in this process.”
For more see: European Commission and U.S. Department of Transportation Publish Report on Transatlantic Alliances. For the U.S. Department of Transportation press release see: United States Department of Transportation.
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