Privatisation Advantages and Disadvantages
- Created by: TessAni
- Created on: 19-01-13 12:59
Privatisation Advantages and Disadvantages |
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Advantages
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Disadvantages
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EvaluationThe key period of privatisation was 1979-1997 under Thatcher. This led to the deregulation of the railways and bus market most prominently. There have been varying arguments over how successful it has been. Passengers have increased rapidly but there is not the same evidence for a decrease in prices. In fact both markets have become oligopolies and lack contestability. |
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