The aim of the paper is to evaluate the effects of the EU-U.S. open skies agreement on the Italy U.S. air transportation market. The EU-U.S. open skies agreement, which came into force in March 2008, is an important example of the liberalization of the air transport industry the goal of which is to improve consumer welfare. Enabling any European carrier and any U.S. airline to fly between EU and U.S. destinations without restrictions
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