Deregulating the bus industry in Britain — (C) a response

Abstract

The paper evaluates arguments put for and against government policy concerning legislation on the deregulation of the UK bus industry, and is critical of arguments against such policy. The current policy dictates that subsidy to the bus industry must be reduced substantially for which there is scope through cost reductions. It is considered that such reductions can only be quickly achieved through the competition offered by the policy of deregulation. (TRRL)