ABSTRACT
One of the themes in an earlier German Aviation Research Society (GARS) book, The Economic Regulation of Airports (Forsyth et al., 2004), was that 'strong competition between airports is not feasible' (xxviii); we argued this might change in the future. That book raised, under the heading of future challenges, the 'bigger question of whether, in more competitive circumstances, there is a continued need for formal price regulation' (xxix). In this current book we take up the issue of airport competition, with particular reference to Europe. We explore whether and where it exists, how strong it is and what policy implications it has.
