It has been said that Porter's five forces analysis turns antitrust law on its head. What do you think this means in terms of US commercial airlines? [Hint: Think of your project.] (1 point)Supposing Delta is an example of a very large US commercial airline, how does the magnitude of scale economies affect the intensity of each of the five forces? (2.5 points) (2 points; 1 point each): How does capacity utilization affect the extent of entry barriers in this industry? (2 points; 1 point each) (2 points; 1 point each)
a. How do exit barriers affect internal rivalry in theUS commercial airline industry? [Hint: Think of your project.]
- How do exit barriers affect entry into this industry?
(2 points; 1 point each): How can antitrust enforcers distinguish between coopetition and collusion in the US commercial airline industry?