The Potential for Regulatory Change in European Bus Markets

The Potential for Regulatory Change in European Bus Markets

Regimes of regulation of the bus industries of ten Western European countries are reviewed. A reluctance to accept British style open entry is observed, explained mainly in terms of the greater emphasis placed on the use of local political control as an instrument of social and economic policy.

Share Content

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

Related Articles

Deregulating Taxi Services: A Word of Caution

This paper studies pricing and capacity decisions in markets for phone-ordered taxicabs. Firms first choose capacities and then compete in prices. As firm demand increases, so does waiting time. This dampens competition and makes prices too high from the social point of view. Efficiency improves if firms choose large capacities. In a two-firm setting, equilibrium capacities are shown to be larger if both firms maximise total profits than if they maximise profits per cab.

View Journal »