The potential for regulatory change in European bus markets

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Abstract

The regimes of regulation of the bus industries of ten Western European countries are reviewed. In each case the legal and institutional basis of regulation, the structure and performance of the industry under regulation, recent regulatory reform, and the potential for future reform, are discussed. An almost universal reluctance to accept British style open entry to the industry is observed. This is explained partly in terms of different perceptions of the effectiveness of controls on competitive pressures within the existing regimes, but mainly in terms of the greater emphasis placed on the use of local political control of the bus industry as an instrument of social and economic policy. -Authors