COMPETITIVE REGIMES WITHIN THE EUROPEAN BUS INDUSTRY: THEORY AND PRACTICE
organisation - competition, place - europe, mode - bus
United Kingdom, Regulatory reform, Private operators, Private carriers, Motor coaches, Motor bus transportation, Intercity bus transportation, Great Britain, Europe, Competition, Buses, Bus transportation
This paper takes a European-wide analysis of the conditions of competition and contestability within the bus industry. The first part examines the theoretical arguments for regulatory reform and focuses in particular on the dynamics of the likely responses from the incumbent operators in anticipating the actual form of deregulation prior to legislative changes, and in the likely consequent actions to maintain their market position - Pre-entry actions and post-entry reactions. The second part of the paper argues the case that potential competition is not enough and that certain actions need to be taken to ensure the market remains contestable.
Banister, D, Berechman, J, de Rus, Gines, (1992). COMPETITIVE REGIMES WITHIN THE EUROPEAN BUS INDUSTRY: THEORY AND PRACTICE, Transportation Research Part A: Policy and Practice, Volume 26, Issue 2, p. 167-178.