DEREGULATION OF THE INTERCITY BUS INDUSTRY
The structure of the intercity bus industry appears to be well suited to the free market that deregulation would encourage. Indeed, a continuation of current regulation could jeopardize the ability of intercity bus carriers to compete with deregulated competitors and, in the long run, undermine the financial health of the industry. A comprehensive approach to deregulation is appropriate and desirable. It would include the following aspects: free entry to encourage maximum levels of competition; upward and downward rate flexibility; free exit to allow carriers to operate efficiently and shift service to meet changes in demand; substantial reduction in the antitrust immunity presently enjoyed by the industry rate bureaus; preemption of state authority to ensure that deregulation is not hampered by conflicting state policies; and a reasonable basis for measuring the effects of regulatory change and determining public interest results. (Author)
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Corporate Authors:
Management Analysis Center, Incorporated
2828 Pennsylvania Avenue, NW
Washington, DC United States 20007 - Publication Date: 1981
Media Info
- Features: Appendices; Tables;
- Pagination: 32 p.
Subject/Index Terms
- TRT Terms: Bus drivers; Bus transportation; Competition; Deregulation; Intercity bus lines; Public policy; Travel demand
- Uncontrolled Terms: Public interest
- Subject Areas: Economics; Highways; Motor Carriers; Policy; Public Transportation; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00335716
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 28 1981 12:00AM