THE CONTESTABILITY OF THE U.K. INTERURBAN BUS MARKET

An examination of the nature of the market for interurban bus provision in the United Kingdom is offered. It is sought to establish the extent to which this market exhibits those characteristics generally associated with contestability. The 1980 U.K. Transport Act, which essentially deregulated a large part of the interurban bus industry, provides an important dynamic component to the analysis and permits an examination of whether the industry behaved as one would expect if it were contestable in the face of a major shift in regulatory controls. Some general comments are offered as to the direction future policy may take if the economic efficiency of the market is to be enhanced in the longer term.

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 31-37
  • Monograph Title: Economic and regulatory issues in intercity bus and other transportation
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00453095
  • Record Type: Publication
  • ISBN: 0309039010
  • Files: TRIS, TRB
  • Created Date: May 31 1986 12:00AM