Municipal bus companies: can public ownership be profitable?

Bus services run by the public sector consistently outperform their private counterparts. So why have municipal buses been banned?

For anyone who missed the Competition Commission’s 2011 report into local bus services, here’s the big insight it offers: “head to head competition between bus operators is uncommon,” the report found, because of “customer conduct”. The worst, most irrational thing these difficult customers did was to ignore the choice of operators the free market had to offer, opting instead “to board the first bus to their destination that arrives at their bus stop.”

But while...
source: New Statesman

2018-06-13 17:02
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