Deregulation 1 - Bus Markets
- Created by: TessAni
- Created on: 19-01-13 12:59
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- Local Bus Services
- Deregulated under the Transport Act (1985)
- Reasons for deregulation
- Local bus services had been declining annually since the mid-1950s
- Local authorities were obliged to provide ever-increasing subsidies
- Predictions
- Increase competition = lower fares, service provision + greater efficiency
- New business opportunities
- Reality
- October 2006 report stated current arrangements could 'not be made to work'
- Varying degrees of competition
- poor quality of service, old vehicles, rude drivers etc.
- Bristol - First Group 95% - Manchester + Oxford v. competitive
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