Cormier, Markes2013-08-272013-08-2720002000http://hdl.handle.net/10393/25083An Event-Time methodology is used to assess empirically the motivation - efficiency or monopoly power-underlying the merger between Canada's biggest airlines: Air Canada and Canadian Airlines International Ltd. Using evidence from the stock markets reactienMarket Power, Efficiency and the Merger Effect: An Event Study of the New Monopoly in the Canadian Airline Industry