Curated OER
Contestable Markets
Students examine the issue of contestable markets. They investigate the low cost airlines industry and evaluate how far the market exhibits the characteristics of a contestable market.
Council for Economic Education
Econ Ed Link: Airline Mergers, Software Industry Monopolies: Contestable Markets?
Mergers within industries such as banking, telecommunications, and airlines have created a stir among consumers who charge that economic freedom and efficiency are being sacrificed in favor of corporate profits. For this lesson, students...