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| Author: | Hibbs, J. |
| Title: | Franchise and the transport market: a new threat from Brussels |
| Journal: | Economic Affairs
2001 : JUN, VOL. 21:2, p. 44-45 |
| Index terms: | FRANCHISING TRANSPORT ECONOMICS |
| Language: | eng |
| Abstract: | Commentators on the transport industries often assume that the provision of these 'essential services' lies beyond the laws of economics. The recent pressure for 'total safety' on the railways, ignoring the penalties in cost and efficiency, is but one example. Contrary to the general liberalisation of transport policy that has followed in the European Union for some years now, a proposal is circulating in the Council and Parliament that would reverse all the gains that have been achieved from deregulation of bus and train services. It would return effective decisions to 'competent authorities' and it would drive out competent managers as they lost the freedom to manage. |
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