ABSTRACT
Airports are no longer seen as necessarily locational or natural monopolies, and thus competition between them is seen as a distinct possibility. As the chapters in this book show, there are many aspects of competition between, and within, airports. Head-to-head competition across the product range is not common, though it does exist. However competition for different services and market segments does exist, and is sometimes intense. Thus market power and competition issues with airports are not matters of black and white – rather they are of varying shades of grey. This means that empirical and policy issues are both subtle and complex.
